Studies have found that throughout the United States, products geared toward women and girls cost 7% more than similar goods intended for males. While this difference may seem small, the financial impact of gender-based pricing disparities is significant, and has been estimated to add up to a difference of $1,351 annually for the same products and services as men. This means that over a lifetime, women are paying many thousands of dollars more than men for services and goods, because of their gender. This “gender tax” is displayed in the prices of things from bikes, to razors, to socks.
Similarly, the “Pink Tax” encompasses a tax on feminine hygiene products. Since tampons and pads are considered “luxury products,” they are taxed heavily in all but 12 states in the US.
When you combine the extra money women spend by buying good marketed towards them, with the money spent on feminine products, the total amount due to the “Pink Tax” adds up. While it brings money to the state and country, it can be seen as extremely unfair and gender biased.
Below I have included an infographic and some examples describing the gender tax.
What do you all think about the Pink Tax? Do you think it is fair to charge more for products marketed towards women? Do you think it is fair to consider feminine hygiene products “luxury” goods? Is there a better way, or are there smarter products to tax as “luxury” items to bring money to the state and country?