Biotech
Wednesday, January 10th, 2024 4:16 pm EDT
Key Points
- Period products in the U.S. cost approximately $6,000 per person over a lifetime.
- Sales tax of 4-7% applies to pads and tampons in 21 states, considering them “luxury items.”
- Over the last four decades, many states, including Texas, have eliminated sales tax on menstrual products.
The article discusses the financial burden of the “tampon tax” in the U.S., where some states impose sales tax on menstrual products, considering them “luxury items.” Over a lifetime, period products cost around $6,000 per person before tax. Currently, 21 states apply a sales tax of 4% to 7% on items like pads and tampons. However, a positive trend has emerged, with many states eliminating such taxes over the last four decades. Texas, most recently, removed its sales tax on period products in September. The article notes that Southeastern states may follow suit, with bipartisan efforts expected in states like Alabama. The tampon tax disproportionately affects individuals who struggle to afford these essential goods, leading to potential health risks and mental health issues. Despite progress, challenges remain, including concerns about state revenue loss and varying opinions among legislators on the importance of eliminating the tampon tax. Some bills also propose funding for free menstrual products in schools. Advocates aim to push for additional legislation to allocate funding for schools to provide free period products and even consider bills for free products in public restrooms.
For the full original article on CNBC, please click here: https://www.cnbc.com/2024/01/10/states-have-been-eliminating-taxes-on-period-products-for-years.html
