Gay Marriage | News | Rhode Island | The Economy

Marriage Equality Would Bring Rhode Island $1.2 Million, Says Study

RIFlagAnyone who has been paying attention knows that marriage equality can boost state economies.

There were even estimates that had New Jersey Governor Chris Christie not vetoed marriage there, the Garden State could have generated over $100 million.

The same is true in Rhode Island, though on a smaller scale, the AP reports:

The Williams Institute at the University of California, Los Angeles School of Law says Rhode Island stands to generate nearly $1.2 million in new government revenue over three years if the state allows gay and lesbian couples to marry.

The new revenue would come primarily in the form of additional tax revenue. The study estimates that same-sex weddings would generate $400,000 in new sales tax dollars over three years.

Also, married couples filing their state taxes jointly would pay an estimated $786,000 in new income taxes over the same period.

Rhode Island lawmakers voted last year to permit same-sex couples to form civil unions after gay marriage legislation failed.

And yet Republican lawmakers and conservatives are still spending time and money fighting against American rights while encouraging tax breaks for the rich and corporation. What's wrong with this picture?

Feed This post's comment feed

Comments

  1. The problem in R.I. isn't the Republicans, they have 8 of 38 seats in the Senate (and if I remember correctly, at least one of those eight if not more is pro-equality). The problem are the "Democrats" in the Senate, in particular Senate President Teresa Paiva-Weed. She seems pretty determined to be the Bull Connor of R.I. though, so there's probably not much to be done.

    Posted by: Tyler | Mar 22, 2012 7:23:19 PM


  2. ....And yet Republican lawmakers and conservatives are still spending time and money fighting against American rights while encouraging tax breaks for the rich and corporation. What's wrong with this picture?

    WHAT'S WRONG WITH THE QUESTION is that it presumes fairness is an issue.
    As long as Gays allow the machine churches -- the catholic bishops and organization, the mormon/mussolini group in Utah, assorted scream-van-gelicals -- to use Gays as convenient targets, it will continue to happen.
    Waiting to be treated fairly is for suckers, sorry, in the real world

    Posted by: Bob | Mar 22, 2012 7:48:27 PM


  3. I hate to be cold and calculating, but I always think people should talk about marriage equality from the perspective of economy. The boosts it will provide to those states who have legalized it should in a way be all the proof we need.

    Posted by: Gregoire | Mar 22, 2012 8:19:58 PM


  4. While I think it's clear that gay marriage would be an economic boost to the states, the numbers are unfortunately pretty underwhelming. Rhode Island has an $8 billion budget, so an extra $1 million a year is a rounding error in the grand scheme of things. I don't think any anti-equality legislator will be swayed by those economics.

    Posted by: Brian | Mar 22, 2012 10:17:19 PM


  5. Try getting the facts right! It's not Republicans blocking marriage equality in Rhode Island, there aren't enough of them to do that. It is a few conservative Democrats in the state senate.

    Posted by: Ken | Mar 23, 2012 2:12:03 AM


  6. "And yet Republican lawmakers and conservatives are still spending time and money fighting against American rights while encouraging tax breaks for the rich and corporation. What's wrong with this picture?"

    Follow the money. It's the rich and corporations that have bought up the legislators -- and not only Republicans. And it's not only campaign contributions -- it's the promise of cushy, six- or seven-figure "consulting" jobs after they leave office.

    Posted by: Hunter | Mar 23, 2012 6:21:31 AM


  7. That's all? $1.2m isn't that much money, when you're talking about State budgets.

    Posted by: NaughtyLola | Mar 23, 2012 10:03:46 AM


  8. Actually, Rhode Islanders do care about such supposedly paltry amounts. When the lady in Newport recently won Powerball, a bunch of legislators started proposing specific plans for the one-time state income tax on her winnings, about $15 million. This is a state where cities like Central Falls and Woonsocket can't be saved from bankrupcy because the state lacks the $2-5 million to bail them out.

    I would've gotten married in Newport on the water if it was legal. Sorry, RI. You didn't get the $40K in spending from my wedding.

    Posted by: Chris | Mar 23, 2012 11:34:15 AM


Post a comment







Trending


« «Inter-American Court of Human Rights Rules On First Gay Discrimination Case« «