The Marriage Penalty: Gay Marriage and Tax Law - Shaw Amerin Fancial Corporatn

Contents:

• GAY MARRIAGE
• GAY MARRIAGE DEBATE IS ABOUT MONEY, TOO
• TED CZ’ GAY MARRIAGE MONEY
• THE GAY MARRIAGE WDFALL
• THE MARRIAGE PENALTY: GAY MARRIAGE AND TAX LAW
• GAY MARRIAGE BOOSTS NYC'S ENOMY BY $259 LN FIRST YEAR
• TEN REASONS TO SUPPORT GAY MARRIAGE
• RSIAN NSTUTN CHANGE ENDS HOP FOR GAY MARRIAGE
• THE ST OF GAY MARRIAGE – DOLLARS AND CENTS
• THE HIGH PRICE OF BEG A GAY COUPLE
• COUNTRI WHERE GAY MARRIAGE IS LEGAL 2023
• CALIFORNIA STILL HAS AN ANTI-GAY MARRIAGE LAW ON THE BOOKS. VOTERS ULD REMOVE NEXT YEAR

GAY MARRIAGE

“I have suggted to others that not only would I like to see Roe, Casey, and Griswold on ntraceptn dified but I’ve also ma clear my support for, for gay marriage years ago, ” she said. Early Years: Same-Sex Marriage Bans In 1970, jt one year after the historic Stonewall Rts that galvanized the gay rights movement, law stunt Richard Baker and librarian Jam McConnell applied for a marriage license Gerald Nelson rejected their applitn bee they were a same-sex uple, and a trial urt upheld his cisn. ” This lg effectively blocked feral urts om lg on same-sex marriage for s, leavg the cisn solely the hands of stat, which alt blow after blow to those hopg to see gay marriage beg 1973, for stance, Maryland beme the first state to create a law that explicly f marriage as a unn between a man and woman, a belief held by many nservative relig groups.

Though the gay rights movement saw some advancements the 1970s and 1980s—such as Harvey Milk beg the first openly gay man elected to public office the untry 1977—the fight for gay marriage ma ltle headway for many years.

In 1989, the San Francis Board of Supervisors passed an ordance that allowed homosexual upl and unmarried heterosexual upl to register for domtic partnerships, which granted hospal visatn rights and other years later, the District of Columbia siarly passed a new law that allowed same-sex upl to register as domtic partners. C., 1993, the hight urt Hawaii led that a ban on same-sex marriage may vlate that state nstutn’s Equal Protectn Clse—the first time a state urt has ever ched toward makg gay marriage Hawaii Supreme Court sent the se—brought by a gay male uple and two lbian upl who were nied marriage licens 1990—back for further review to the lower First Circu Court, which 1991 origally dismissed the the state tried to prove that there was “pellg state tert” jtifyg the ban, the se would be tied up ligatn for the next three Defense of Marriage Act Opponents of gay marriage, however, did not s on their hnch.

GAY MARRIAGE DEBATE IS ABOUT MONEY, TOO

Congrs 1996 passed the Defense of Marriage Act (DOMA), which Print Bill Clton signed to didn’t ban gay marriage outright but specified that only heterosexual upl uld be granted feral marriage benefs.

TED CZ’ GAY MARRIAGE MONEY

That is, even if a state ma gay marriage legal, same-sex upl still wouldn’t be able to file e tax jotly, sponsor spo for immigratn benefs or receive spoal Social Secury payments, among many other act was a huge setback for the marriage equaly movement, but transient good news arose three months later: Hawaii Judge Kev S. Phg for Change: Civil Unns The next saw a whirlwd of activy on the gay marriage ont, begng wh the year 2000 when Vermont beme the first state to legalize civil unns, a legal stat that provis most of the state-level benefs of years later, Massachetts beme the first state to legalize gay marriage when the Massachetts Supreme Court led that same-sex upl had the right to marry Goodridge v.

The state fally troduced the untry to gay marriage (m the feral benefs) when began issug same-sex marriage licens on May 17, that year, the U. 2004 was notable for upl many other stat as well, though for the oppose reason: Ten typilly nservative stat, along wh Oregon, enacted state-level bans on gay marriage. Kansas and Texas were next 2005, and 2006 saw seven more stat passg Constutnal amendments agast gay towards the end of the , gay marriage beme legal var stat, cludg Connecticut, Iowa, Vermont (the first state to approve by legislative means) and New Hampshire.

Domtic Partnerships Throughout the and the begng of the next, California equently ma headl for seawg on the gay marriage state was the first to pass a domtic partnership statute 1999, and legislators tried to pass a same-sex marriage bill 2005 and 2007. Perry legalized same-sex marriage early 2010s ntued the state-level battl over gay marriage that fed the precedg , wh at least one notable event. For the first time the untry’s history, voters (rather than judg or legislators) Mae, Maryland, and Washgton approved Constutnal amendments permtg same-sex marriage marriage also beme a feral issue 2010, Massachetts, the first state to legalize gay marriage, found Sectn 3 of DOMA—the part of the 1996 law that fed marriage as a unn between one man and one woman—to be unnstutnal.

THE GAY MARRIAGE WDFALL

Wdsor, nservative Jtice Anthony Kennedy sid wh Jtic Ruth Bar Gsburg, Stephen Breyer, Sonia Sotomayor and Elena Kagan favor of same-sex marriage rights, ultimately makg gay marriage legal across the natn June this time, was still outlawed only 13 stat, and more than 20 other untri had already legalized gay marriage, startg wh the Netherlands December 2000. That’s why you are readg this lumn the bs domtic partnerships, as well as gay upl who were legally married a state, nnot get the feral benefs. Even more astonishg is that siar laws and police actns were applied to gay people until a 2003 Supreme Court lg, Lawrence v.

THE MARRIAGE PENALTY: GAY MARRIAGE AND TAX LAW

A versn of this article appears prt on, Sectn BU, Page 3 of the New York edn wh the headle: Gay Marriage Debate Is About Money, Too.

GAY MARRIAGE BOOSTS NYC'S ENOMY BY $259 LN FIRST YEAR

Now, wh jt two years and two months his first elective office, the Hoton Chronicle is reportg that Cz is poised to announce as a ndidate for of the first thgs Cz may have to do on the mpaign trail is expla to his social nservative base why 2009 he lnched his polil reer by takg $260, 000 mpaign funds om two out-of-state vtment bankers who supported legalizg gay marriage.

The gay rights donatns were om two very nservative vtment bankers, one New York and one San Francis.

TEN REASONS TO SUPPORT GAY MARRIAGE

In 2012, Sger donated $1 ln to the Amerin Uny PAC, wh the purpose of supportg ndidat who back gay marriage.

Thiel, who is openly gay, is more libertarian than Republin, havg fancially supported Ron Pl the past. “I believe that gay rights and marriage rights for gay people should not be a partisan issue, ” Thiel said at a 2010 fundraiser for the Amerin Foundatn for Equal Rights. ”Gay marriage n’t be a partisan issue bee as long there are partisan issu or cultural issu this untry, you’ll have trench warfare like on the wtern ont World War I.

Ls surprisg than that Sger and Thiel would donate to a nservative ndidate is the fact Cz would accept their money at the same time he was appealg to Texas social nservativ on issu such as banng gay marriage Texas and his fense before the U. NEW YORK (CNNMoney) -- It's not jt an issue of love or even polics: Stat that legalize gay marriage also experience a signifint enomic are 646, 464 same-sex upl the U. But only about 50, 000 same-sex upl have married, acrdg to the Williams Instute for Sexual Orientatn Law and Public Policy at more stat legalize gay marriage, all of that pent-up mand uld trigger a weddg boom, sparkg enomic activy as more upl book venu, buy weddg k, jewelry and marriage licens, and secure hotel rooms for guts.

RSIAN NSTUTN CHANGE ENDS HOP FOR GAY MARRIAGE

Coupl spend $27, 021 on average on a weddg, acrdg to a survey of gay and straight newlyweds by Although same-sex upl generally spend ls, that still leav room for a signifint wdfall to the $74 billn weddg dtry if more upl marry. Gay marriage is currently legal seven spots, cludg Massachetts, Connecticut, Iowa, Vermont, New Hampshire, New York and D. "In New York, we saw what legalizg gay marriage uld do for a cy, " said Krist Koch, 's senr edor.

Print Obama's support of marriage equaly for same-sex upl uld spur more stat to allow gay upl to legally marry and the eventual repeal of the Defense of Marriage Act, a 1996 feral law that rerv marriage for a man and a same-sex marriage rights were granted natnwi, same-sex weddgs would generate a $1 billn each year for the Feral budget over the next 10 years, acrdg to a 2004 report by Congrsnal Budget Office. When a key sectn of DOMA was stck down June, 2013, gay marriage beme ferally regnized.

THE ST OF GAY MARRIAGE – DOLLARS AND CENTS

Regardls of whether or not same-sex married upl live one of the 17 stat that regnize their marriage, ferally gay married upl are to be treated the same as oppose sex married upl.

THE HIGH PRICE OF BEG A GAY COUPLE

This means, ferally, gay married upl will now be taxed the same as oppose sex marrieds. In other words, gay married upl, even those who now live the some 33 stat that do not regnize their marriage, mt pay feral tax acrdance wh the marriage penalty.

COUNTRI WHERE GAY MARRIAGE IS LEGAL 2023

This was the basis of the Supreme Court gay marriage cisn the se of Edh Wdsor, who challenged a $363, 000 tate tax bill after her legal same-sex spoe died 2009.

When to thgs like tate tax, the feral regnn of same-sex marriage will help legally married gay and lbian upl. WASHINGTON — Legally married same-sex upl may be for a uple of surpris e tax feral tax uld bee more plited for gay married upl who live stat that don’t regnize their the U.

And that appli to feral tax, even if the uple is livg a state that do not regnize gay marriage, the Treasury Department and Internal Revenue Service led.

CALIFORNIA STILL HAS AN ANTI-GAY MARRIAGE LAW ON THE BOOKS. VOTERS ULD REMOVE NEXT YEAR

Last month, a feral judge overturned Utah’s ban on gay marriage, and jt last week a feral judge stck down Oklahoma’s ban.

Gay marriage boosted New York Cy's enomy by $259 ln durg the first year gay marriage was YORK (CNNMoney) -- Gay marriage is generatg lns of dollars for New York Cy's gay marriage was legalized New York state a year ago, marriage license fe, lol celebratns and weddg-related purchas have boosted New York Cy's enomy by $259 ln, Mayor Michael Bloomberg and Cy Council Speaker Christe Qun announced Tuday. Same-sex upl spent an average $9, 039 on their weddgs, while 31% spent $10, 000 or more -- though that's still not as high as the $27, 021 that the average uple spends on a weddg, acrdg to a natnal survey of gay and straight newlyweds om More than 200, 000 guts flocked to New York Cy om other parts of the state or untry to partake the celebratns. Of the 646, 464 same-sex upl the Uned Stat, more than 140, 000 have formalized their relatnship unr state law and about 50, 000 have married, acrdg to the Williams Instute for Sexual Orientatn Law and Public Policy at York beme the sixth state to legalize gay marriage when passed the Marriage Equaly Act on July 24, 2011.