Have you ever given men’s and women’s items any thought? Women are required to pay more than men for the same commodity, whether it is clothing or cosmetic items. They are labelled differently for women, not because their quality is any different, but rather because of this. Women’s pockets are allegedly sliced, consciously or unknowingly, in the name of this claimed tag. It’s referred to as the pink tax. The terrible aspect is that, despite the fact that women must pay the pink tax, more than 90% of them are unaware that they are doing so.
What is Pink Tax?
This is a cost associated with being a woman, not a tax imposed by the government. In actuality, the price of a product will rise if it has the label “For Women.” Today’s pink tax has evolved into a levy that is essentially unavoidable. Toys, clothing, and cosmetic supplies for women and girls all carry a hidden tax. For instance, it will be said in the commercial for women’s cream that it does not include hazardous chemicals so that women’s skin will always remain young, soft, and shining.
Does this tax surreptitiously push women into poverty?
According to certain studies conducted decades ago, the colour pink helps to relax the mind. However, because of the market’s reliance on advertising, pink has since been added to every item made for women. The idea that pink is the colour of ladies and blue is the colour of males has been ingrained in everyone’s psyche. This is the cause of the pink colouration of everything from women’s perfume bottles to girls’ Barbie dolls to nursery school backpacks. That is the pink tax, which stealthily pushes women into poverty, actually exists.
How does this tax work?
For every given service, women must pay more under this tax, while males must pay less. Take massage therapy as an example. Even if both sexes have the same amount of hair, men will pay less for head massages with oil and women will pay more.
1 lakh for women annually
In hundreds of such products, pricing comparisons found that the cost of goods manufactured for women is 7% higher than that of goods made for men. According to a study report by New York’s Consumer Forum Department. In personal care items, this discrepancy rises to 13%. Women in India also pay the ‘pink tax’ on every single good. It is another variation between Europe and the United States.
More examples of this include but are not limited to, pricey sanitary pads, false jewellery, nail polish, lipstick, and beauty products. Even after factoring in the costs of manufacturing and marketing. The price that women must pay for these products is about three times higher.
According to a survey by investment bank JPMorgan Chase on this topic done for the market’s benefit. Women pay an additional average of more than $1,300 per year in pink tax. It results in them earning more than 1 lakh rupees annually. Damage occurs.
Restricted in some regions of America
Only after the California administration discovered this swindle did the public learn about this tax scam. This tax was present in the laundry service as well. where the cost of washing and pressing clothes was different for men and women. There was a commotion when his report was released. The pink tax was met with strong opposition from women, and after things got out of hand, it was decided that from 2023 onward, no extra fees would be applied to any products solely on the basis of gender. A similar law, known as the Pink Tax Repeal Act, was passed in New York City earlier in 2020.
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