Pink Tax Reform
The pink tax is a phenomenon often attributed as a form of gender-based price discrimination. The pink tax is imposed on products that target female consumers; products notoriously taxed are feminine hygiene products. These products are often labeled as luxury items; this classification allows companies to impose an 8% tax. The pink tax is also seen in items that are targeted to female children upping the cost for similar items targeted to male children.
The US Senate’s Joint Economic Committee released a report in 2016 addressing the Pink Tax phenomenon. The report states that women often pay more for goods and services. Below is a chart that shows the markup on products.
The pink tax must end. Working class Americans deserve a fair and just market that does not take advantage of their sex or gender.