Same-Sex Weddings: Good For The Economy
It’s a shame that religion and prejudice get in the way of good public policy. One way to add an uptick to the economy is same-sex weddings. At the San Francisco trial to overturn Proposition 8, an economist testified that same-sex marriage would bring in $35 million in revenue each year, and millions in additional tax revenue.
Edmund Egan, chief economist for the city and county of San Francisco, said he based his short-term projections on the revenue generated by more than 5,000 same-sex weddings in San Francisco during the five months in 2008 when gay marriage was legal.
Other states facing financial ruin might consider the benefits to the taxpayer of granting equal rights regardless of which gender you love.