Pink tax. Ever heard of it? No, it’s not a “tax.” Well, sort of.
You see, it’s sort of an evil way of scamming women for more money! Not nice, not nice at all. Another thing I should note, is that most people don’t even know this “pink tax” exists! According to listenmoneymatters.com, “The pink tax refers to the extra amount of money women pay for specific products or services. Sometimes you’ll see or hear it referred to as price discrimination or gender-pricing.” Although the “tax” is in small quantities, at the end of the year, it adds up. Did you know, that a woman is cost at least $1,300 because of the extra cost put on products labeled for women?
As stated by bankrate.com, “CBS News conducted an experiment where two members of their staff — a man and a woman — went to multiple dry cleaners in New York City with the same white cotton button-up shirt. The experiment found that ‘more than half of the dry cleaners charged the female staff member at least twice as much to clean the shirt. Some even charged her three times as much’”
It’s crazy that even when products are the same, when they are labeled for women, it costs more!
The next time you start to buy a simple product like a razor, think about the impact the pink tax has created on women throughout the years.