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The pink tax refers to the tendency for products marketed specifically toward women to be more expensive than those marketed toward men. This phenomenon is often attributed to gender-based price discrimination, however research shows that the primary cause is women sorting into goods with higher marginal costs.
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.
Two new reports show that women are paying what’s become known as a kind of “pink” tax for their health care.
Explain the characteristics of the "pink tax" and how it disproportionately affects women's products. Even consider highlighting the fact that items such as tampons are considered to be a luxury article, which is why the extra tax is allowed.
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...
Women pay an average of $1,350 a year just for being women.
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.
Anne Kingston of Maclean's felt that Gillette's parent company Procter & Gamble should have instead focused on addressing gender equality within its board, and pink tax and related gender-based price discrimination, concluding by hoping that "by the time both the boys and girls of today grow up, we'll have exposed and shaved away the pernicious ...
OTC Link ATS, Market Data Licensing, Corporate Services. Website. www .otcmarkets .com. OTC Markets Group, Inc. (previously known as Pink Sheets) is an American financial market providing price and liquidity information for almost 12,400 over-the-counter (OTC) securities. [3] The group has its headquarters in New York City.