How Will Same-Sex Marriage Affect Business?

July 1st, 2015 by Casey Flores
A crowd in support of gay marriage.

A crowd in support of gay marriage.

It’s an argument that was often used by proponents of legalizing homosexual marriage: “If gay marriage is legalized, it won’t affect you at all.”

But is that true? What does the sweeping Supreme Court decision that legalized same-sex marriage nationwide really mean for the industry?

Some of the nation’s top voices in business have remained silent. The U.S. Chamber of Commerce has yet to issue a statement, and major industry associations declined to comment.

How It Will Affect Companies

Janice Cowhey, a partner at Marcum, an accounting firm, told The Street that the ruling will affect some people—specifically those who work in human resources.

“There are a lot of issues when it comes to benefits. [You have to make] sure your employer knows you have a spouse and giving them your marriage certificate so they withhold your taxes correctly,” she said.

Cowhey explained that the changes will be implemented quickly in terms of the states’ compliance, but for businesses, it may take some time to adjust paperwork and computer systems.

One dealer told Window Film that while the ruling was “historic,” he’s still processing what it really means for his business.

Another, who disagrees with the Supreme Court’s decision, says, “we do work frequently in the LGBT market. While we do not condone the lifestyle, we don’t discriminate in providing services.”

How It May Affect Employees

Those who celebrated the ruling as a victory for themselves, however, may need to brace for unintended consequences—especially if they don’t have plans to get married soon.

“Now that the Supreme Court has ruled that the Constitution guarantees a right to same-sex marriage, U.S. employers may shed same-sex domestic partner coverage to cut costs,” Forbes contributor Bruce Jaspen writes.

This article is from Focus on Film, the weekly e-newsletter that covers the latest news regarding window film and related products, including paint protection film. Click HERE to sign up—there is no charge. Interested in a deeper dive? Free subscriptions to Window Film magazine in print or digital format are available. Subscribe at no charge HERE.

Tags: , ,

2 comments
Leave a comment »

  1. Under the Affordable Care Act companies that are not exempt from the law will have to provide insurance options to all employee’s regardless of position, sex, age, gender or same-sex domestic partnership.

  2. Please advise why you would feature a article with this type of content in a window film magazine ?Are your editors running out of creative stories about our industry? Come on you can do better than this . Leon Levy Klingshield South Africa.

Leave Comment