Saturday, October 3, 2009

Being Gay in the USA Can Cost Couples Up to $467K Over a Lifetime

Much of the debate over legalizing gay marriage has focused on God and Scripture, the Constitution and equal protection. But we see the world through the prism of money. And for years, we’ve heard from gay couples about all the extra health, legal and other costs they bear. So we set out to determine what they were and to come up with a round number — a couple’s lifetime cost of being gay. It was much more complicated than we initially imagined, and that’s probably why we’ve never seen similar efforts. We looked at benefits that routinely go to married heterosexual couples but not to gay couples, like certain Social Security payments. We plotted out the cost of health insurance for couples whose employers don’t offer it to domestic partners. Even tax preparation can cost more, since gay couples have to file two sets of returns. Still, many couples may come out ahead in one area: they owe less in income taxes because they’re not hit with the so-called marriage penalty. Full Story from the SF Sentinel: http://www.sanfranciscosentinel.com/?p=44644

Planning to marry your partner? Click here for gay marriage resources.

To subscribe to this blog, use the rss feed on the right. You can also email us at info@purpleunions.com with "subscribe blog" as the subject. Or find us on Facebook - just search for Gay Marriage Watch (you'll see our b/w wedding pic overlooking the Ferry Building and Bay Bridge in SF). We're also tweeting daily at http://www.twitter.com/gaymarriagewatc.

Labels: , , , , , , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home