College Freshmen Are More Liberal on Gay Marriage, Abortion

First-year college students are more socially liberal than their predecessors on issues such as same- sex marriage and public education for undocumented students, according to an annual survey released today. More than 71 percent of respondents who were freshmen in 2011 indicated same-sex couples should be able to marry, up from 64.9 percent two years earlier, according to the survey by the High...

Business Week • Jan 26, 2012

A Gay Wedding Windfall for New York

New York may reap $310 million over the next three years from license fees, taxes, and tourism related to same-sex weddings, according to a May report by four New York state senators. Morgan Stanley (MS) Chairman John Mack, Goldman Sachs (GS) Chief Executive Officer Lloyd Blankfein, and other Wall Street executives argue that legalization was necessary for the state to remain an economic leader. A...

Business Week • Oct 21, 2011

IRS to Gay Newlyweds: Not So Fast

This cumbersome process applies to all married same-sex couples in the U.S. It comes courtesy of the Defense of Marriage Act, or DOMA, which defines marriage as "a legal union between a man and a woman as husband and wife." The Obama Administration, saying DOMA is unconstitutional, has instructed federal agencies to do what they can under existing law to extend benefits to same-sex partnerships. S...

Business Week • Aug 5, 2011