The Gay Marriage Stimulus Package
Cameron Scott March 01 , 2007
Gay marriage is usually cast as an issue of human rights (for supporters) or immorality (for opponents), but what about fiscal responsibility? Herewith, some of the annual economic benefits of legalizing gay marriage:
- Same-sex couples marry and move into a higher tax bracket, boosting federal taxes by: $400 to $700 million
- Newly formed gay households move up in income and are cut from programs such as Medicaid, resulting in savings of: $50 to $200 million
- Uninsured gays and lesbians, whose health care costs are now paid by the government, join their spouses’ insurance plans. If a third do so, federal costs drop by: $190 million
- If half the same-sex couples now living together get married (the rate seen in Vermont and Massachusetts) and spend a quarter of what straight couples do, it results in a wedding-industry boon of: $2 billion
- TOTAL: Up to $3.1 billion
Sources: Congressional Budget Office, Williams Institute
Who thinks that will help convince Congress? Anyone? Funnily enough, these stats were developed using information from the Congressional Budget Office, meaning that those folks up there on the hill have access to it pretty easily. I wonder why it hasn't come up at all?
In more local news, I'll be down in Springfield next week with Equality Illinois lobbying for the passage of the Religious Freedom and Civil Union Act, which would extend legal recognition and many benefits of civil marriage to same sex couples. The fact that it made it his far in the Illinois government is pretty exciting. Check out the Equality Illinois site to see what you can do to help.
1 comment:
$3.1 Billion??? Can I get a new bike?
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