The Williams Institute released a report which estimates the economic impact of marriage for gays and lesbians in Washington State.
According to a statement released by the Williams Institute about the report, “The report finds that the total spending on wedding arrangements and tourism by resident same-sex couples and their guests will add an $88-million boost to the Washington economy over the first three years. This spending is likely to generate $8 million in tax revenue for state and local governments.”
“Our study estimates that resident same-sex couples will spend $39 million on weddings in Washington in the first year alone,” said co-author Angeliki Kastanis, Public Policy Research Fellow at the Williams Institute. Added Kastanis, “That translates to approximately $3.4 million in tax revenue, given Washington sales tax rates.”
Full Story from The Seattle PI
Click here for gay wedding resources in Washington State.
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