Murray Energy comes out against Senate tax deal - WSIL-TV 3 Southern Illinois

Murray Energy comes out against Senate tax deal

Posted: Updated:

WSIL -- One of the area's biggest coal companies opposes the Senate tax plan, calling it a "mockery of tax reform."

Murray Energy released a statement, angry with the Senate for failing to repeal the corporate Alternative Minimum Tax.

The statement from CEO Robert Murray said for companies like Murray Energy, this legislation is "much worse than the status quo."

He said Murray Energy will see a significant tax increase due to the loss of the business interest expense deduction, which he believes will ultimately hurt coal miners.

Murray said the tax plan will cause more coal companies to file for bankruptcy and blasted the Senate for causing "more job-killing Federal taxation."

Murray Energy runs several mines in southern Illinois and western Kentucky.

You can read the full statement here.

  • More NewsMore>>

  • Carbondale ESD #95 pushes Positive Behavior Interventions and Supports

    Carbondale ESD #95 pushes Positive Behavior Interventions and Supports

    Friday, October 19 2018 12:01 AM EDT2018-10-19 04:01:53 GMT

    CARBONDALE, Ill.—Carbondale ESD #95 is introducing more Positive Behavior Interventions and Supports assistance into classrooms. 

    CARBONDALE, Ill.—Carbondale ESD #95 is introducing more Positive Behavior Interventions and Supports assistance into classrooms. 

  • Musician reunited with guitar after stolen from Herrin church

    Musician reunited with guitar after stolen from Herrin church

    Thursday, October 18 2018 11:55 PM EDT2018-10-19 03:55:54 GMT

    HERRIN, Ill. -- For the past 20 years, Bill Harper has played guitar for children's mass at Our Lady Mt. Carmel Catholic Church three times a week. He uses a special, acoustic guitar worth $3,000. 

    HERRIN, Ill. -- For the past 20 years, Bill Harper has played guitar for children's mass at Our Lady Mt. Carmel Catholic Church three times a week. He uses a special, acoustic guitar worth $3,000. 

  • Carbondale Middle School students run their own web project

    Carbondale Middle School students run their own web project

    Thursday, October 18 2018 8:23 PM EDT2018-10-19 00:23:25 GMT

    CARBONDALE, Ill.—When students in Mrs. Conn's English and Language Arts class at Carbondale Middle School aren't reading and writing, they're engaging in what they call "Passion Days."

    CARBONDALE, Ill.—When students in Mrs. Conn's English and Language Arts class at Carbondale Middle School aren't reading and writing, they're engaging in what they call "Passion Days."

Most Popular

Stories
Videos
Slideshows
loading...
Powered by Frankly
All content © Copyright 2000 - 2018 WSIL. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.