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Coal CEO: Senate tax plan 'wipes us out'
|Last Edited||RP Dec 06, 2017 12:56pm|
|News Date||Wednesday, December 6, 2017 11:30:00 AM UTC0:0|
|Description||Coal CEO Robert Murray warns that if the Senate version of tax reform is enacted by President Trump he'll be destroying thousands of coal mining jobs in the process. |
Murray, a fierce supporter of Trump's efforts to revive coal, condemned the Senate bill as a "mockery" that would inflict a devastating tax hike on beleaguered coal mining firms as well as other capital-intensive companies.
"This wipes out everything that President Trump has done for coal," said Murray, the CEO of Murray Energy, one of America's largest coal companies.
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