Love Counts

The economic benefits of Marriage Equality for New York

By: William C Thompson, Jr
Published by: Office of the New York City Comptroller, 2007
Via: Docuticker

This study by the New York Comptroller’s Office uses Williams Institute numbers to study the impact of legalizing marriage for same-sex couples. Their findings include that: marriage equality would provide economic benefits to New York State and New York City, especially in the years immediately following enactment of legislation granting this important civil right. The economic benefits would be derived primarily from the increase in visitors from other states who come to New York for the purpose of marrying or attending weddings. The Comptroller’s Office also investigated potential fiscal impacts. Weddings generate sales taxes and marriage license fees, and marriage may affect the income tax, estate taxes, and public spending on means-tested government transfer programs.
(http://www.law.ucla.edu/williamsinstitute/publications/Love%20Counts.pdf)