The Enomic Benefs of Gay Marriage | PBS NewsHour

economic benefits of gay marriage

Proponents ntend that gay marriage bans are discrimatory and unnstutnal, opponents ague that marriage is primarily for procreatn.

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THE ENOMIC BENEFS OF GAY 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 $3.8 billn, a new study timat. * economic benefits 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.

HOW GAY MARRIAGE IMPACTS THE ENOMY

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.

The enomic ripple effects of gay marriage n spread even further.

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. 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? Can Gay Coupl File Jot Tax?

STUDY: GAY MARRIAGE GOOD FOR ENOMY

Do the IRS Regnize Gay Marriage? How Gay Marriage Impacts the Enomy Fance Watchlists My Portfol Markets Optns: Hight Open Intert Optns: Hight Implied Volatily News Vios Yahoo Fance Pl Screeners Personal Fance High-yield savgs acunt rat Crypto Indtri Contact Us U.

Markets close 4 hours 33 mutS&P 500 Dow 30 Nasdaq Rsell 2000 C Oil Gold Silver EUR/USD 10-Yr Bond GBP/USD USD/JPY B USD CMC Crypto 200 FTSE 100 Nikkei 225 How Gay Marriage Impacts the EnomyThe Uned Stat Supreme Court is set to nclu s heargs on the nstutnaly of same-sex marriage today.

Municipali would crease revenue bee of weddg licensg fe; New York Cy received a reported $250 ln revenue after liftg their ban on 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

The study timat that over the next three years, gay weddgs will generate $64 ln addnal tax revenue for the state, and another $9 ln marriage-license fe for unti. Picturque lol and romantic getaways should see more bs om gay weddgs and honeymoons.

Rearchers studied the enomic impact of gay marriage Massachetts - the only U. State that allows gays and lbians to marry - to velop their projectns for California. They also ed data om stat such as Vermont that allow civil unns or domtic partnerships for same-sex California study foced on the next three years bee rearchers found the number of gay weddgs tapered off three years after Massachetts legalized same-sex marriage 2004.

Counti are expected to start issug genr-ntral marriage licens next week after the California Supreme Court overturned a voter-approved ban on gay marriage last month. But the gay weddg march uld be cut short if California voters approve a Nov. 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.

SHOULD GAY MARRIAGE BE LEGAL?

On June 26, 2015, the US Supreme Court led that gay marriage is a right protected by the US Constutn all 50 stat. 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.

*BEAR-MAGAZINE.COM* ECONOMIC BENEFITS OF GAY MARRIAGE

The Enomic Benefs of Gay Marriage | PBS NewsHour .

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