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Blankenship Launches New Ad Blitz
Posted Tuesday, August 23, 2005 ; 05:30 PM | View Comments | Post Comment
Updated Thursday, August 25, 2005 ; 09:47 AM

The Massey Energy CEO said he will spend a half-million dollars to promote a repeal of the sales tax on food. Includes video

Just two months after Don Blankenship dropped about $650,000 opposing the plan to bond out public pension debts, the Massey Energy CEO has pledged to spend $500,000 on advertisements promoting the elimination of the sales tax on food.

As Gov. Joe Manchin and his staff refine the agenda for a September special session -- an agenda that could include the beginning of a food tax phase-out -- Blankenship has decided to provide some motivation on the airwaves.

He has been telling media outlets that West Virginia has a surplus, and it's time for tax relief, particularly by removing assessment of the state's 6 percent sales tax from food purchases. That portion of sales tax revenue generates about $150 million per year.

Taking it down to 5 percent, as Manchin has suggested, would cost about $25 million.

Blankenship has said he also favors lowering gasoline taxes.

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