Blog Posts > Murray Urges Bigger Cut than West Virginia Governor Laid Out
January 26, 2016

Murray Urges Bigger Cut than West Virginia Governor Laid Out

Associated Press, Charlotte Observer, Houston Chronicle, Clarksburg Exponent-Telegram, Wheeling Intelligencer – West Virginia Gov. Earl Ray Tomblin plans to give struggling coal producers a break by dropping a tax used to pay off a workers’ compensation debt. Read

Massive coal company Murray Energy, however, isn’t satisfied with just eliminating the extra 56-cent-per-ton cost. Amid a dire outlook for the state’s finances, Murray is pushing for West Virginia’s larger tax on mining coal to drop from 5 percent to 2 percent.

Tomblin’s administration warned the move would cause an additional hole of more than a $100 million a year into the state budget, and hurt counties further. West Virginia already expects a $384 million gap this budget year and a $466 million gap in 2017.

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