Estimating the Economic Boost of Marriage Equality in Rhode Island

Postprints from The Williams Institute

Kastanis Angeliki ; Badgett Lee

keywords: Rhode Island;    economic impact;    same sex marriage;    marriage equality;   

Publisher: The Williams Institute

Subject:

【 摘 要 】

Extending marriage rights to same-sex couples in Rhode Island would bring an estimated $7 million to the state and local economy, including $5.5 million in additional wedding spending and $1.5 million in tourism expenditures made by out-of-town guests. Based on Rhode Island��s rates of 7 percent sales tax and 6 percent hotel and lodging tax, $530,000 in tax revenue will be generated for the state in the first three years same-sex couples may marry. The boost in travel spending will generate approximately 26 jobs in the state.

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