Monday, November 19, 2012

States to reap income windfall from marriage equality


JoeMyGod points out an Associated Press report on the three states about a boom in business due to same-sex weddings:
Add the coast of Maine, the banks of the Chesapeake Bay and the shores of Lake Washington to gay wedding destinations.

Next month and in January, laws go into effect in Maine, Maryland and Washington that allow same-sex marriage. They're the first states where voters approved such laws, rather than legislators or courts. Nearly 18,000 same-sex couples in those states will exchange vows in the first three years after the new laws are in effect, estimated The Williams Institute, a national think tank at the UCLA School of Law, and the laws should generate at least $166 million in wedding spending in the three states over the next three years from in-state couples alone, boosting tax revenues and creating new jobs.

Wedding-related spending for in-state couples is projected be about $16 million in Maine, $63 million in Maryland and $89 million in Washington. The numbers go up when figuring in out-of-staters who travel to those states to be wed.

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