#axthepinktax-Anyone heard of this before?

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The pink tax is one that only about half of the population is subject to. And they probably aren’t even aware of it. Are you paying the pink tax?

The pink tax refers to the extra amount women are charged for certain products or services. Things like dry cleaning, personal care products, and vehicle maintenance. So not only do women make less but they pay more. Women also live longer so they actually need more money for retirement. It’s a load of crap.

There has been a lot of research on the pink tax that found that overall, women were paying more than men 42% of the time. How much more? About $1,351 more a year in extra costs. Yup – that’s $1,351 that can’t go into her retirement fund.

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The New York City Department of Consumer Affairs released a study comparing the prices of over 800 products. The goal of the study was to estimate the price differences male and female shoppers face when buying the same types of items.

The results: Products for women or girls cost

7% more than comparable products for men and boys.

7% more for toys and accessories

4% more for children’s clothing

8% more for adult clothing

13% more for personal care products

8% more for senior/home health care products

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Old Navy got busted for charging more for women’s plus-sized clothing but not for men’s. The plus-sized women’s jeans were $12-15 more than the standard sized ones. But there was no such difference between the prices of men’s plus and regular sized jeans.

Gap, who owns Old Navy, released a statement that the additional cost was because “they are created by a team of designers who are experts in creating the most flattering and on-trend plus styles, which includes curve-enhancing and curve-flattering elements such as four-way stretch materials and contoured waistbands, which most men’s garments do not include.”

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