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written by Spencer Feingold, explains the pink tax and how it hinders women across the United States. The main criticisms of the pink tax consist of being a financial burden, contributing to gender inequality, reducing economic participation, and creating barriers to economic equality.
Two new reports show that women are paying what’s become known as a kind of “pink” tax for their health care.
The phenomenon known as the “pink tax,” when products and services aimed at women cost more than their counterparts aimed at men, is well-documented across many goods and services.
The result: a covert “pink tax,” a colloquial term that refers to the higher price women pay for the exact same product as men—be it disposable razors, laxatives, children’s bike helmets ...
Gender-based price discrimination is also described as pink tax. Gender-based price discrimination exists in many industries including insurance, dry cleaning, hairdressing, nightclubs, clothing, personal care products, discount prices and consumption taxes.
Proponents of tax exemption argue that tampons, sanitary napkins, menstrual cups and comparable products constitute basic, unavoidable necessities for women, and any additional taxes constitute a pink tax.
Women pay an average of $1,350 a year just for being women.
In 1978, the members of the band Pink Floyd spent exactly one year outside of the United Kingdom, also for tax reasons. In the early 1970s, some members of The Rolling Stones used trusts and offshore companies to avoid payment of British taxes.
Did you know certain Valentine's Day gifts are highly taxed? If you plan to buy women's lingerie for your significant other, you could be spending an additional 4% in taxes compared to men's...
In the United Kingdom, and formerly the Republic of Ireland, a P45 is the reference code of a document titled Details of employee leaving work. The term is used in British and Irish slang as a metonym for termination of employment. The equivalent slang term in the United States is "pink slip".