Law makers must carefully distinguish between the need for tax credits which may operate as subsidies, compared to more favored tax deductions which are expensed as part of ordinary business operations.
Nickles emphasizes the difference between tax credits and deductions in energy policy.
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We should not be giving advantages to our international competitors over our U.S.-based companies.
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The biggest economic boon to this country has been the explosion of oil and gas activity, primarily because of fracking.
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