7 Days to a Better Financial You

April 9, 2008 at 8:41 am 2 comments

Tick-tock, tick-tock, tick-tock.

That’s more than just a line from Madonna’s latest single, it’s also the sound of the rapidly approaching deadline to file your federal taxes. In preparation for that April 15th deadline the Human Rights Campaign has launched 7 Days to a Better Financial You, an educational campaign to provide you with resources and features to assist you in navigating the complicated tax laws and offer give tips on good financial decision-making.

Across the country, millions of same-sex couples face significant financial burdens and legal hurdles in building a secure future for their families. As a result of the Defense of Marriage Act, which prevents the federal government from recognizing legal same-sex marriages, these couples are denied access to the more than 1,100 federal benefits and protections available to married couples.

This means they can’t take time off to care for a loved one without risking job loss; they can’t provide survivor benefits to their partner or children despite a lifetime of payments into Social Security; they can’t get equal pay for equal contribution as a federal employee or veteran; and they can’t include their spouse or children on their employer-based health plan without facing significant tax penalties.

According to the Williams Institute, the average employee who receives partner benefits pays an additional $771 per year out of pocket in federal taxes based on the value of those benefits.

In other words, GLBT people pay more and get less.

HRC is also joining forces with a bipartisan group of members of Congress to advocate for a legislative agenda known as Family Matters to pass laws that provide equal rights and responsibilities for same sex couples and their families. The proposed legislation includes the Family and Medical Leave Inclusion Act, the domestic partnership tax bill and the Domestic Partnership Benefit and Obligations Act or DPBO.

The HRC website has more info including details of a national web chat on Thursday April 10 at 3pm EST to answer your questions, the basics of financial planning and legal documents that can be used to protect your relationship.

Advertisements

Entry filed under: Advocacy, Family, LGBT, Marriage, Politics. Tags: , , , , .

Barack Obama: Remembering Martin Luther King Jr. What’s on Your Gay Agenda?

2 Comments Add your own

  • 1. Spanker  |  April 11, 2008 at 2:13 pm

    It’s nice that the Human Rights Campaign is providing assistance to same-sex couples. What about the millions of LGBT singles, a much larger population, who HRC is not including. This is the same organization that endorses right-wing candidates such as Alphonse D’Amato.

    Reply
  • 2. Michael Crawford  |  April 12, 2008 at 9:26 am

    Spanker,

    This is but one program being run by the Human Rights Campaign. They have a lot of programming aimed at many different segments of the GLBT community.

    As for the D’Amato endorsement, Chuck Schumer has gotten over it, so why can’t you?

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


AddThis Feed Button
Political Blogs - Blog Catalog Blog Directory

Blog Stats

  • 832,743 hits

Archives


%d bloggers like this: