Understanding the "Pink Tax"
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Understanding the "Pink Tax"
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From razors to body wash, products marketed to women can be up to 48% more expensive than the "male" versions—even when they're virtually the same! The "Pink Tax" is the gender-based price discrimination that drains women's wallets every day. Author Anna Gifty Opoku-Agyeman, who literally wrote the book on this: The Double Tax: How Women of Color Are Overcharged and Underpaid explains the unique and disproportionate financial burden placed on women of color.
Learn more about Anna's work: https://annagifty.com/
Read CR's piece on strategies to avoid the pink tax: https://www.consumerreports.org/money/what-is-the-pink-tax-a1270997218/
00:00:00 What is the "Pink Tax"?
00:01:56 Pink Tax Quiz
00:05:21 How Women of Color Are Overcharged and Underpaid
00:06:39 Effects on Society At Large
00:07:44 What the Data Shows
00:09:43 Costs for Parents
00:12:19 Impact on the Elderly
00:13:43 Price of Beauty
00:16:19 Childcare Expenses
00:19:13 How Communities are Affected
00:23:32 What You Can Change Now
00:26:24 Organizing for Economic Justice
00:28:38 Takeaways and Further Reading