STUDY: Marriage Equality Would Boost Hawaii’s Economy

A new study from University of Hawai’i economics professor Sumner La Croix suggests that if Hawai’i lawmakers pass the proposed marriage equality legislation, it could provide a significant boost to the state’s economy. Same-sex couples that visit the state to marry, out-of-state guests for same-sex weddings, and same-sex couples who honeymoon there would all generate new tax revenues. The ultimate benefit could be somewhere between $46 million and $258 million over the 2014-2016 period. Conversely, marriage equality is not expected to burden either public or private employers with substantial increases in health insurance expenditures for employees.