Gay marriage boosts NYC's enomy by $259 ln first year - Jul. 24, 2012

Contents:

• THE ENOMIC BENEFS OF GAY MARRIAGE
• SAME-SEX WEDDGS HAVE BOOSTED ENOMI BY $3.8 BILLN SCE GAY MARRIAGE WAS LEGALIZED FIVE YEARS AGO THIS MONTH, A NEW STUDY SAYS
• GAY WEDDGS HAVE BOOSTED US ENOMY BY $3.8 BILLN SCE LANDMARK LG
• GAY MARRIAGE BOOSTS NYC'S ENOMY BY $259 LN FIRST YEAR
• STUDY: GAY MARRIAGE WOULD BOOST ENOMY
• GAY WEDDGS BOOST U.S. ENOMY BY $3.8 BILLN SCE LANDMARK LG
• SHOULD GAY MARRIAGE BE LEGAL?
• THE GAY MARRIAGE WDFALL
• GAY MARRIAGE: BOOST 'ENOMIC EQUI' FIGHT
• GAY MARRIAGE MAY BOOST AILG CALIF. ENOMY

THE ENOMIC BENEFS OF GAY MARRIAGE

However, more than a of rearch by myself and other enomists and analysis by the Congrsnal Budget Office unr the directn of Douglas Holtz-Eak suggts jt the oppose: that state and feral budgets will actually get a posive boost if gay upl are allowed to marry. And here’s somethg the ernment might nsir reckong the bottom le wh regard to legalizg gay marriage: Hundreds of thoands of exced upl would start planng weddgs, generatg at least $1.

SAME-SEX WEDDGS HAVE BOOSTED ENOMI BY $3.8 BILLN SCE GAY MARRIAGE WAS LEGALIZED FIVE YEARS AGO THIS MONTH, A NEW STUDY SAYS

Big rporatns want same-sex upl to be allowed to marry bee they believe gay marriage is good for bs. Those employers argued that they want to rec and reta the most creative and productive workers to make their bs petive, and that clus lbian, gay, bisexual, and transgenr (LGBT) workers. A gay man who liv Massachetts wh his hband might not want to transfer to an office Oh where his marriage isn’t regnized.

Some observers, most notably petivens gu Richard Florida, argue that tolerant polici and environments — cludg for gay people — are sential for nurturg creative workers who will drive enomic growth.

GAY WEDDGS HAVE BOOSTED US ENOMY BY $3.8 BILLN SCE LANDMARK LG

She was an expert wns the Proposn 8 trial and is the thor of “When Gay People Get Married: What Happens When Societi Legalize Same-sex Marriage? Same-sex weddgs have been a boon for the weddg dtry sce gay marriage was legalized 2015 – and the years sce, ’s boosted state and lol enomi by $3.

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

Nearly 300, 000 gay and lbian upl have tied the knot sce the US Supreme Court led favor of same-sex marriage, acrdg to rearchers om the Williams Instute at California’s UCLA School of Law. The total has sce more than doubled, wh more than half a ln gay and lbian upl marryg the Uned Stat. 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.

The legalizatn of gay marriage would mean a surge gay weddgs, the study timat, creatg a nearly $15 ln boost to sal tax revenue over three years. The enomic impact would likely be greater if Texas extend marriage rights to gay upl ahead of neighborg stat like Louisiana and Oklahoma, bee the state uld bee a weddg statn for same-sex upl, said Christy Mallory, one of the study's thors.

STUDY: GAY MARRIAGE WOULD BOOST ENOMY

The report, which appli Texas populatn data to a mol based on stat where gay marriage has been legalized, provis a fancial argument for same-sex marriage, said Kev Nix, a spokman for Freedom to Marry, a gay rights group. "California, a state that performs homosexual marriag, is ranked as one of the five worst stat for bs 2014.

That was perhaps most visible Texas Febary, when a feral judge San Anton stck down the state’s gay marriage ban. But the Republin Party, which domat state polics, supports marriage “only between a natural man and a natural woman, ” and this year endorsed “reparative therapy” for people “seekg healg and wholens om their homosexual liftyle. Rick Perry received heated cricism over a recent ment he ma parg homosexualy to alholism at a San Francis event.

And no statewi ndidate om the Republin Party — which has won every statewi electn Texas for two s — supports gay marriage.

GAY WEDDGS BOOST U.S. ENOMY BY $3.8 BILLN SCE LANDMARK LG

Observers say the most likely path to gay marriage the Lone Star State would volve a lg wh natnal implitns om the U.

Followg lgs om urts several stat strikg down gay marriage bans, some speculate that the high urt uld le on the issue as early as June 2015 — after the end of the state's next legislative ssn.

SHOULD GAY MARRIAGE BE LEGAL?

Davis, who supports gay marriage and legal job protectns for LGBT Texans, has received signifint fancial support om gay rights anizatns. But Abbott, a personal iend of one of the platiffs the lawsu agast the state who is seekg to get married, has ed r language than many of his Republin lleagu on the subject of gay marriage. Many bs argue that legalizg gay marriage would allow employers a larger pool of creative and hard-workg employe.

THE GAY MARRIAGE WDFALL

Homosexual upl will view the regn more favourably when lookg for work, allowg lol employers to rec om a wir talent pool. The value of havg gays, lbian and bisexual upl society go well beyond any enomic perks afford to the society. Sendly, if we accept this as a valid argument for gay marriage, what happens if the future circumstanc change and no longer mak enomic sense to keep gay marriage legal?

MEXICO CITY (Thomson Rters Foundatn) - Gay and lbian weddgs have boosted state and lol enomi by an timated $3.

GAY MARRIAGE: BOOST 'ENOMIC EQUI' FIGHT

8 billn sce same-sex marriage was legalized natnwi the Uned Stat 2015, acrdg to a study published on 300, 000 gay and lbian upl have tied the knot sce the U.

The events generated an addnal $244 ln state and lol tax, the rearch 45, 000 jobs also were supported by same-sex weddgs, acrdg to the marriage was first approved the state of Massachetts 2003, wh several stat followg the time of the Supreme Court’s landmark cisn, some 242, 000 same-sex upl had wed, the study total has sce more than doubled, wh more than half a ln gay and lbian upl marryg the Uned Uned Stat is one of 28 Uned Natns’ member stat that regniz the right of same-sex upl to marry after Costa Ri joed the ranks on Tuday. Acrdg to advocy group Open For Bs, gay marriage Costa Ri uld boost the enomy by up to $592 Williams Instute study clud figur and timat based on data om the U.

Supreme Court led June that same-sex upl had the right to marry, meang that all stat mt now regnize and nduct gay marriag. On June 26, 2015, the US Supreme Court led that gay marriage is a right protected by the US Constutn all 50 stat.

GAY MARRIAGE MAY BOOST AILG CALIF. ENOMY

US public opn had shifted signifintly over the years, om 27% approval of gay marriage 1996 to 55% 2015, the year beme legal throughout the Uned Stat, to 61% 2019. Proponents of legal gay marriage ntend that gay marriage bans are discrimatory and unnstutnal, and that same-sex upl should have accs to all the benefs enjoyed by different-sex upl.

On July 25, 2014 Miami-Da County Circu Court Judge Sarah Zabel led Florida’s gay marriage ban unnstutnal and stated that the ban “serv only to hurt, to discrimate, to prive same-sex upl and their fai of equal digny, to label and treat them as send-class cizens, and to em them unworthy of participatn one of the fundamental stutns of our society. As well as discrimatn based on sexual orientatn, gay marriage bans discrimated based on one’s sex. The Amerin Psychologil Associatn, Amerin Psychiatric Associatn, and others nclud that legal gay marriage giv upl “accs to the social support that already facilat and strengthens heterosexual marriag, wh all of the psychologil and physil health benefs associated wh that support.