Pink Tax: CVS reduces price of tampons

Pink Tax: CVS reduces price of tampons

CVS has announced that it is reducing the price of store-brand period products.

Furthermore, it will pay the sales tax on period products in 13 states, according to a statement from the company.

The move has been welcomed by several healthcare providers and advocates as a step toward period justice.

People who menstruate have been struggling with the rising costs of period products.

This comes at a time when the US is grappling with a massive wave of inflation.

CVS Health announced that it has reduced the price on CVS Health brand period products by 25%.

The new announcement will help save over $1,300 for women in the states every year.

Pink tax, also known as tampon tax or gender tax, is a discriminatory price and sales tax imposed on feminine hygiene products.