income taxes

Economy
11:01 am
Wed November 6, 2013

WKU Prof: Same-Sex Marriage Legalization has Little Impact on State Income Tax Receipts

The Supreme Court declared the Defense of Marriage Act unconstitutional in June.

The debate over same-sex marriage is one that has heated up this year, with the Supreme Court striking down the Defense of Marriage Act (DOMA), which blocked the federal government from recognizing gay marriage. Seven states in 2013 saw same sex marriage legalized through court order, laws passed by state legislatures, or through popular vote.

WKU Economics Professor Susane Leguizamon has conducted  some research about an aspect of same sex marriage that most people probably haven't thought about: namely, what would the impact of nationwide gay marriage be on federal and state income tax receipts?

The research conducted by Prof. Leguizamon and her two co-authors finds 23 state would see a new fiscal benefit from same sex marriage legalization, while 21 would see a decline. Seven states wouldn't be impacted in this way since they don't have income taxes.

You can request a copy of the research by emailing Prof. Leguizamon here.

Here are some excerpts from our conversation with Prof. Leguizamon:

How would same-sex marriage legalization impact the income tax revenues of the three states in our listening area: Kentucky, Tennessee, and Indiana?

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Politics
9:08 am
Mon December 10, 2012

Income Tax Showdown Could be on the Horizon in Indiana

Despite the fact Republicans control the Indiana Governor’s mansion, House, and Senate, a standoff appears to be brewing over Governor-Elect Mike Pence’s plans to cut income taxes. Pence takes office January 14th, and is admitting he has no budget experience at the state level.

However, Pence is a conservative Republican and a veteran of some bruising federal budget battles over his eleven years in the U.S. House. The Columbus, Indiana native has promised that pushing a 10% income tax cut will be his top legislative priority next year.

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