Beginning on July 24, New York will be the sixth and largest state in which same-sex couples can marry. This historic event will have impacts beyond the issue of civil rights – gay couples will see changes in benefits, insurance coverage, and taxes. If trickle-down economics is about the impact of economic policy on the individual, then this segment is about the trickle-up economics of gay marriage – how the decisions that people make, couple by couple, will affect insurance, taxes, businesses, state revenues, and economic policy. Beth Kobliner, author of “Get a Financial Life: Personal Finance in Your Twenties and Thirties,” and appointee to the President’s Advisory Council on Financial Capability, discusses the dollars and cents behind gay unions.
We want to hear your feedback so we can keep improving our website, theworld.org. Please fill out this quick survey and let us know your thoughts (your answers will be anonymous). Thanks for your time!