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Same-sex marriages and jobs

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Posted: Wednesday, January 8, 2014 10:31 am

Everyone talks about the potential economic benefits of same-sex marriages in New Mexico and now the Williams Institute at the UCLA School of Law has released an analysis.

The report estimates that 50 percent of the state's 5,825 same-sex couples will marry in the first three years and direct wedding spending will reach $20.4 million. The spending will generate some $1.4 million in state and local sales tax revenue and the state will see income tax revenue of about $500,000, according to the report, with a net positive to the state general fund of $2.5 to $3.7 million in the next few years.

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Behind the beat

Bruce Krasnow is a native of Chicago and worked at publications in Illinois, Florida and Washington State before joining The New Mexican in 1996. He is a graduate of Northern Illinois University and the Columbia University School of Journalism.

He can be reached at brucek@sfnewmexican.com or 505-986-3034. You can also follow him on Twitter at #brucekraz

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