(Stephen Nessen/WNYC)
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.
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The show is a co-production of WNYC Radio and Public Radio International, in collaboration with New York Times Radio and WGBH Boston.
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Comments [2]
Why can't we all identify the restrictions held against the gay and lesbian community is simply a civil rights issue? Every US citizen holds the absolute right given by our constitution to equal and fair treatment. We cannot segregate a group of people we disagree with and withhold their civil rights to marraige and or their equal protection under the law. Just as in the Black civil rights movement, we will in the not too distant future, all come to realize, it is unconscionable and immoral to continue to treat gays and lesbians as second class citizens.
I guess NY will make few extra dollars on same sex weddings. But when the economic disaster occurs because we've taken another step in the direction of moral decline, it won't make much difference. (Notice that the Challenger and the space flights just came to an end - a coincidence?)
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