Taboo Money: The 'Pink Tax': How Women Are Getting Screwed Just By Being Women | CentSai
Taboo Money: The ‘Pink Tax’: How Women Are Getting Screwed Just By Being Women

Taboo Money: The ‘Pink Tax’: How Women Are Getting Screwed Just By Being Women

•  3 minute read

Get outraged...then informed and fight for change. Why the 'pink' tax must end now.

There are certain times of the month when you may start to feel a little fatigued, become a tad more emotional and endure some cramps. Sounds familiar? The ladies know what I’m talking about.

Taboo Money The ‘Pink Tax’ How Women Are Getting Screwed Just By Being Women

Your period can put you on an emotional and physical rollercoaster, but have you ever thought about how much your period is actually costing you? In real dollars, I mean.

 

Consider the fact that every single month, you need to go out and purchase “feminine hygiene products” (is anyone else slightly insulted by this term?).

 

Whether it’s pads, tampons, cups or even fancy panties specifically designed for your period, you have to spend money. All of these things can add up.

 

And let’s not forget the “extra” costs that can come along with having your period — pain relievers, food cravings, and new underwear (because let’s face it, sometimes leaks happen).

 

Women typically get their period from age 12 to 50 — that’s nearly four decades of spending money each month on something that is completely natural and necessary.

 

The Huffington Post projects that the total cost of your period during your lifetime is $18,171.

 

Say what?! Imagine if you invested that amount instead. What’s even worse is that you may be paying more for your products than you even realize.

 

Currently, a majority of states actually adds sales tax to tampons. Where sales tax may be normal for most items you buy, there are exemptions available for things deemed necessary, but too often feminine hygiene products are written off as just the opposite. It’s not just feminine hygiene products that are taxed, but other products geared towards women as well.

 

The so-called “pink tax” is real and in full force. Products such as razors, deodorant, perfume and more all cost more than the very same products geared towards men.

 

Don’t believe me? Check it out next time you’re at the store. It’s the reason I’ve been using male razors and deodorant for the past several years. Really it just comes down to packaging.


FirstTrade

 

According to a report by The New York City Department of Consumer Affairs, women can pay between 3 and 48 percent more for the same products as men. Couple that with the fact that women typically earn 79 cents for every dollar a male makes. It’s a pretty infuriating situation.

 

So, what you can do about it? First, start to be aware.

 

When you go to the store, compare prices between products geared toward men and women. Secondly, consider buying your feminine hygiene products in bulk so you can save money.

 

Next up, you can actually sign a Change.org petition to end the #TamponTax. The recent conversation is helping — several states are already considering ending the tampon tax. Some New York City schools are proposing to offer free tampons and pads. In addition, some companies are offering period leave, for those whose cycles actually get in the way of their work (totally been there).

 

As a woman, it can often feel like we are getting the short end of the stick: Getting charged more for products and earning less. Frankly it sucks. But there are small things you can do as a consumer such as being informed.  That and take action to help end this inequality.