Remember when we gave you the intel on something called the “pink tax?” In case you missed it, the “pink tax” is an additional tax that is placed upon products that are marketed and/or made specifically for women. Classic examples of this include razor blades, shaving cream, deodorant, moisturizer, and even jeans. It’s incredible to think that items marketed to men are actually, in some cases, marked at a much lower price point!
Having said that, there is a range of entirely essential products that fall victim to the pink tax–i.e. feminine hygiene products. Now, it goes without saying that women are the only ones using these products, and, if you, in fact, are a woman, you know that their costs can quickly add up.
That’s why legislation has been introduced across the country to help ease women’s financial burdens. Most recently, the Ohio House passed a groundbreaking exemption on tampons and other feminine hygiene products, including panty liners, menstrual cups, sanitary napkins, and other similar products.
According to Cleveland.com, if this special bill becomes a law, it would abolish sales tax on all feminine hygiene products sold in the state of Ohio. It’s a move that could end up making a huge difference in the lives of Ohioans. After all, legislative analysis for the state reports that an estimated $78.6 million per year is spent on these very products. Additionally, today’s women are expected to pay roughly $11,000 on tampons in her lifetime.
Though this new legislation against the pink tax wouldn’t make feminine hygiene products free in the state of Ohio, it would put roughly 5.75% of the cost back in the pockets of women, an amount that adds up to around $632 throughout their lifetimes.
Not exactly chump change is it?
At the end of the day, it’s in the hands of the powers-that-be at the state level to create legislation that gets rid of the pink tax, but it’s also important to note that some companies are doing their part to change the unfair trend.
One example of this is Boxed.com, an online retailer that has made the choice to cover the added tax for their customers.
Associate director of marketing at Boxed.com, Nitasha Metha explained why her company took a stand in an interview with CBS News. “Over-the-counter medications aren’t charged sales tax, neither are condoms, but pads and tampons are,” she said. “We didn’t understand why women have to be charged up to 10 percent in sales tax for an item that’s a necessity.”
Now that you know all about Ohio’s special proposed legislation, it’s time for you to learn all about the other 10 states that have made moves to abolish the pink tax. Watch the video below to get a better idea of how you could benefit from these changes. Here’s to cheaper feminine products!
We’d love to hear your thoughts on this pink tax legislation. Do you agree that feminine products should be tax-free? Should these products be completely subsidized by the government? Are there any other products that are unfairly hiked up due to the pink tax?