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Murray meets with Gov. Justice to discuss coal tax


Robert Murray of Murray Energy made a visit to  West Virginia Governor Jim Justice.

He said his message was the absolute necessity of reducing the severance tax on thermal coal — that’s power plant coal — in West Virginia.

The tax is five percent of the sales price, and Murray says not only is it a burden, but it is simply unfair.

“As a result, many West Virginians have lost their jobs. Coal from West Virginia can’t compete with coal from other states,” Murray said. “See, no other state has a severance tax on coal as high as West Virginia’s. And only one other state, Kentucky, has a tax. The rest of them have virtually nothing.”

He said under his proposal, there will be no loss of revenue to the counties — the counties will still get their share. According to Murray, last year, Murray Energy paid $138 million to the state of West Virginia.

Murray declined to say what Governor Justice’s reaction was… to his request.

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