A Message from the Goddess Hera


The Goddess Hera told me the benefits of same-sex marriage. Legalizing same-sex marriage can be politically beneficial for lawmakers, considering about. But marriage equality has its economic incentives as well.

Here are 8 ways legalizing same-sex marriage is good for the economy:

1.       It would help curb the deficit: A widely-cited 2004 analysis from the Congressional Budget Office estimated that legalizing same-sex marriage nationwide would have a small, net benefit to the national budget's bottom line.

2.       It would boost tax revenues: Legalizing same-sex marriage would bring in between $20 million and $40 million more per year in taxes, according to a December paper from University of Michigan economist Adam Stevenson.

3.       It helped NYC's economy: In the first year that gay marriage was legal in New York City, the city reaped $259 million, thanks to license fees and wedding-related spending, according to CNNMoney.

4.       It would alleviate payroll headaches for many businesses: According to PBS, many companies argue that by not legalizing same-sex marriage, the U.S. is hindering their competitiveness by creating more administrative hurdles. For example, states where same-sex marriage isn't legal have different tax laws for same-sex versus opposite-sex couples.

5.       It can boost struggling state economies: If California were to legalize same-sex marriage, it would generate $123 billion for the state economy during the first three years same-sex marriage is legal, according to a 2005 Stanford study cited by the Fiscal Times. And the state could certainly use the money; California has been mired in a budget crisis for years. In Massachusetts, legalizing same-sex marriage has generated an estimated $111 million over the first five years same-sex marriage was legal, according to CNNMoney.

6.       It will cut spending on government safety net programs: Marriage makes people more financially stable and less likely to qualify for government assistance, Bloomberg reports. Therefore, legalizing same-sex marriage would save the government hundreds of millions per year in welfare funding, according to Bloomberg's Josh Barro.


7.       More weddings mean more money: A recent study from the Williams Institute at UCLA estimated that same-sex weddings would boost the economies in Maine, Maryland and Washington by $166 million over the next three years.


8.       Lots of major corporations think it's a good idea: More than 60 companies, including Apple, Nike and Morgan Stanley, signed onto a brief submitted to the Supreme Court supporting same-sex marriage in February, according to Fortune. The companies argued that keeping same-sex marriage illegal made it difficult for them to recruit and hire top applicants. One major executive at Goldman Sachs almost considered leaving the country because states' differing same-sex marriage laws put his partner's student visa in jeopardy after they married.

Comments

Post a Comment

Popular posts from this blog

History of Homosexual: Ancient Greece

Image
How we from being happily accept in society to being hate and have to fight for equality? Let start begin in the ancient world work our way to the source of the problem. The Ancient Greece "The noble lover of beauty engages in love wherever he sees excellence and splendid natural endowment without regard for any difference in physiological detail." - Plutarch The ancient Greeks are widely known for their gay exploits. Many people are aware of Greek homosexual love poetry, the same-sex relations of Greek gods and heroes, and the gay relationship between Alexander the Great and Hephaestion. It is important in the beginning to define our vocabulary. The term ’homosexuality’ as it is used and understood today is not mainly applicable to Greek of ancient times for three reasons: First of all, most Greeks were bisexual. Second, homosexuality and 'gay' as sexual identities are recent developments. They were emerged only in the 2Oth Century (our idea of what i
Please read more »

Seven Wonders of the World: Colossus of Rhodes

Image
Travelers to the New York City harbor see a marvelous sight. Standing on a small island in the harbor is an immense statue of a robed woman, holding a book and lifting a torch to the sky. It is sometimes referred to as the "Modern Colossus," but more often called the Statue of Liberty. This awe-inspiring statue was a gift from France to America and is easily recognized by people around the world. What many visitors to this shrine to freedom don't know is that the statue, the "Modern Colossus," is the echo of another statue, the original colossus, which stood over two thousand years ago at the entrance to another busy harbor on the Island of Rhodes. In the late 4th century BC, Rhodes, allied with Ptolemy I of Egypt, prevented a massive invasion staged by their common enemy, Antigonus I Monophthalmus and his son Demetrius. In 304 BC a relief force of ships sent by Ptolemy arrived, and Antigonus's army abandoned the siege, leaving most of their siege equi
Please read more »

Daily life of Roman life: Slavery

Image
Slavery had a long history in the ancient world and was practiced in Ancient Egypt and Greece, as well as Rome. Most slaves during the Roman Empire were foreigners and, unlike in modern times, Roman slavery was not based on race. Slaves were considered property under Roman law and had no legal personhood. Unlike Roman citizens, they could be subjected to corporal punishment, sexual exploitation (prostitutes were often slaves), torture, and summary execution. The testimony of a slave could not be accepted in a court of law unless the slave was tortured—a practice based on the belief that slaves in a position to be privy to their masters' affairs would be too virtuously loyal to reveal damaging evidence unless coerced (yeah right). Over time, however, slaves gained increased legal protection, including the right to file complaints against their masters. How did people become Roman Slaves? People became slaves among the Romans by the following ways: Prisoners of war Sailors
Please read more »