Gay marriage economy

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How on earth could same-sex marriage deliver 10 years' worth of economic benefits? And why on earth do 18 of Australia's leading economists expect it to? The experts were surveyed this week by the Economic Society of Australia.

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We use cookies to improve your experience on our website. By using our website you consent to all cookies in accordance with our updated Cookie Notice. Emotive arguments and questionable rhetoric often characterise debates over same-sex marriage.

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Same-sex marriages were recognized by the federal government in when the Supreme Court invalidated a key provision of the Defense of Marriage Act Windsor v. United States and allowed same-sex couples to be treated as married for all federal tax purposes, as long as they were legally married in a state that recognized their marriage. Inthe court went further, establishing via their decision in Obergefell v.

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Posted October 03, Australia could experience a significant economic boom if same-sex marriage is legalised, say those in the tourism and finance industries. Those in the wedding industry believe Australia could become the world's newest place for destination weddings for same-sex couples, causing the tourism industry to flourish.

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Click here for state resource map. Click here for economic impact and non-discrimination reports, by state. Lee Badgett and Alyssa Schneebaum draw on data on same-sex couples to show the effect of a higher minimum wage on that segment of the LGBT community.

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Same-sex marriage in New Zealand has been legal since 19 August A bill for legalisation was passed by the New Zealand House of Representatives on 17 April by 77 votes to 44 and received royal assent on 19 April. It entered into force on 19 August, to allow time for the Department of Internal Affairs to make the necessary changes for marriage licensing and related documentation.

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Same-sex marriage has been legalized in in twenty-seven countries, including the United States, and civil unions are recognized in many Western democracies. Yet same-sex marriage remains banned in many countries, and the expansion of broader lesbian, gay, bisexual and transgender LGBT rights has been uneven globally. International organizations, including the United Nations, have issued resolutions in support of LGBT rights, but human rights groups say these organizations have limited power to enforce these newly recognized rights.

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Jump to navigation. The traditional concept of marriage for the purpose of procreation is being challenged by one of the smaller states, Massachusetts, with the advent of same-sex marriage. With the court decision in the landmark case Goodridge v. Department of Public Health Mass.

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Same-sex marriage has been legally recognized in the U. Inthe New York Court of Appeals ruled that the New York State Constitution does not require same-sex marriage rights and left the question of recognition to the Legislature. However, the New York Senate rejected same-sex marriage legislation in a 38—24 vote on December 2,

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Three countries legalised same-sex marriage insome citing its economic benefits. When Christie Caruso, 31, and Sarah West, 29, were planning their wedding, they knew it was going to be big. They married on July 1,in Connecticut, decked out in beautiful white dresses and surrounded by bridesmaids and groomsmen in blue. For the pair, the day symbolised something more than a sweet ceremony and a big party: the acceptance of their love as a same-sex couple.

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