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.
The Economic Trickle-Up of Gay Marriage
