Across the world, there are states that increase the prices of women's basic necessities compared to men's. Women's basic necessities appear to be more expensive than those of the opposite sex. In some cases, there are products that have the same components and differ only in color, but the price varies depending on the gender of the person who will use it. Have you ever wondered why? This is due to the Pink Tax or otherwise known as gender-based pricing. This is an additional price on products made for female use. It may seem fictional to most people, but it actually exists and is supported by the Pink Tax Repeal Act (HR 5686) of the 114th Congress and has been published in Europe, the Middle East, Canada, Australia and other countries affected by the legislation. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay According to an article in Forbes written by Tim Worstall, a British economist with a degree in Economics and Finance from the Adam Smith Institute in London, this controversial increase in women's needs were studied by the New York Times and found that razors Pink disposable razors actually cost more than blue disposable razors and this is also true for other hygiene and dental needs in markets located in different areas of France. This problem also exists outside of France. Consumer Reports in America found that pharmacies were increasing the cost of products used by women. For example, Excedrin Complete Menstrual used by women is worth 50 cents more than Excedrin Extra Strength used by men, despite both having similar measured components. According to researchers at the University of Central Florida, women pay more for their possessions than men. What is the real reason behind the attractiveness of the pink tax? Legislation is due to tariffs and discrimination and differentiation of goods. Some taxes cost more for women's things, while others cost more for the opposite sex. Privilege discounts can be considered an example of price discrimination because establishments only allow such discounts to a specific group of people. According to Worstall, differentiation of goods is also considered a reason for this gender-based pricing because even if an item has the same component, it still differs at some point, be it in color, name or brand, and women would still choose to buy the more expensive stuff simply because they think it's not quite the same thing, even though it basically serves the same function. Former President Obama also shared his experience with the so-called pink tax when he ran into a dry cleaning situation where his wife's blouse cost more than his shirt. The value of things differs in various items such as toys, clothes, dry cleaning and self-care products. The tampon tax, on the other hand, is not entirely the same as the pink tax, but rather related to it. The tampon tax is the additional fee for products used to manage feminine hygiene. These menstrual needs are increased at a rate ranging from 3 to 7.5% and if you try to find the approximate amount for these things that you will use over your lifetime, it would probably be a huge amount to pay. Activists saw this legislation as something that invalidates “menstrual equity” and disrupts women's equal accessibility to feminine products that maintain hygiene. Even though women's salaries represent only 80% of men's salaries, women's needs appear to be worth more than men's goods.
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