Publication Date: April 2008
Author(s): M.V. Lee Badgett; Amanda K Baumle; Adam P. Romero; Brad Sears
Research Area: Economics; Law and ethics
This analysis estimates the impact of allowing same-sex couples to marry on Iowa's state budget. Using the best data available, we estimate that allowing same-sex couples to marry will result in a net gain of approximately $5.3 million each year for the State. This net impact will be the result of savings in expenditures on state means-tested public benefit programs and an increase in state income and sales tax revenue.