Suze Orman: DOMA costs gays millions

Suze OrmanBY MICHAEL K. LAVERS
Washington Blade

Lesbian CNBC host Suze Orman on Monday said the Defense of Marriage Act “unnecessarily” costs gays and lesbians millions of dollars. “The social and civil discrimination that goes on when it comes to gay marriage is absolutely inexcusable,” she said. “The financial discrimination just really really adds injury to insult.”

Some states in which gays and lesbians can legally marry allow same-sex couples to file joint tax returns, but Orman noted there are roughly 1,100 ways they “are discriminated against” within the federal tax-paying system. These include the up to $7,000 more in taxes each year a gay person would have to pay if they placed their same-sex partner or spouse on their health insurance plan, the inability to rollover an IRA and collect Social Security survivor benefits she said “just as you do if you’re heterosexual.”

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