Financial whiz Suze Orman and Rhode Island Governor Lincoln Chafee argue that legalizing gay marriage will boost the economy.

Appearing on MSNBC, Orman and Chafee told host Thomas Roberts that denying gay men and lesbians the right to marry hurts the economy.

“The truth of the matter is we would need an hour or two to talk about all the financial inequalities that exist,” Orman said before giving the example that gay couples, unlike straight couples, pay income tax on workplace benefits extended to a spouse.

“There are estate tax implications, again income tax implications, Social Security implications, all kinds of ways where straight couples get breaks, homosexual couples do not. Which in the long run costs the economy 'cause money that's going into extra taxes, into these extra expenses, could be going into the economy to benefit everybody.”

Chafee added that the financial argument is resonating with lawmakers considering a marriage equality bill in Rhode Island.

“We have to make that argument,” he said. “Especially since our neighboring states – Connecticut, Massachusetts, New Hampshire, Vermont, Maine, New York – all have marriage equality. If we're going to be competitive, we've got to get this passed.” (The video is embedded on this page. Visit our video library for more videos.)