What Is The Pink Tax and Why Should You Care?

What Is The Pink Tax? The pink tax often referred to as gender pricing and gender tax, refers to the extra fee that women are charged for certain products and services. In most cases, women typically have to pay more for shaving products, razors, dry cleaning and daily maintenance. According to the New York City Department of Consumer Affairs, hair products cost an average of 48 percent more than similar products marketed to men. Overall, the study found that women’s products cost more than men’s products 42% of the time. According to a report by Forbes, women are paid less than men, even for the same job, but usually have to pay an increased amount for their products. You may be asking yourself, why do woman have this extra “pink” tax on top of their goods? Well one reason is due to the fact that manufacturers can find some consumers…