Queerty is better as a member

Log in | Register
 

Gay Marriage Makes Cents For Maryland

piggybank.jpg
Maryland may want to mull allowing same-sex nuptials. A UCLA study shows that a marriage move would give the state about about $14 million in tax revenue over three years:

A booming wedding industry could swell Maryland’s budget by millions if gays were permitted to wed, according to a university report released yesterday.

The study, by UCLA School of Law’s Williams Institute on Sexual Orientation Law and Public Policy, estimates that spending on gay nuptials could top $280 million the first three years, generating $14 million in tax revenue during that time.

While the state would see some reductions in other tax revenue, including income, transfer and inheritance taxes, the study concludes that extending marriage benefits to gays could result in a net gain of $3.2 million a year.

Maryland’s politicos would do well to reconsider September’s anti-gay marriage decision, huh?

By:           Andrew Belonksy
On:           Nov 29, 2007
Tagged: , , , ,

  • 1 Comment
    • cjc
      cjc

      New Baltimore tourism slogan: come get hitched and get crabs on the same day!

      Nov 29, 2007 at 2:14 pm · @ReplyReply to this comment ·

    Add your Comment

    Please log in to add your comment

    Need an account? Register It's free and easy.



  • POPULAR ON QUEERTY

    FOLLOW US
     



    GET QUEERTY'S DAILY NEWSLETTER


    FROM AROUND THE WEB

    Copyright 2014 Queerty, Inc.
    Follow Queerty at Queerty.com, twitter.com/queerty and facebook.com/queerty.