Women are losing $100,000 in their lifetime because of this unfair reality.
What Mic refers to as the "Pink Tax" is the gender-based scam — yes, scam — companies are using to take advantage of women.
There's nothing new about scams targeting women, take one look at how these brides were cheated out of their wedding dresses.
How it works? It's simple: Women are charged more for the same products and services as men.
Northwestern University conducted an experiment where men and woman called an auto-repair shop to ask for a radiator replacement.
The women were quoted $406, while the men were quoted only $383.
Old Navy was recently busted for charging more for women's plus-size clothing without doing the same for men's plus-size clothing.
Moreover, things like deodorants or razors made with the exact same ingredients and materials cost more for women.
The only real difference between the two products is often the packaging!
According to a study conducted by Consumer Reports in 2010, women's hygiene products can be up to 50% more expensive than men's, even when they serve the exact same purpose.
The folks at Mic have conducted a little experiment at the drugstore.
They sent a man and a woman out to get the same products from the same brands with the same ingredients.
If you're a woman and you want to know which products you can swap out for the mythical "men's version," scroll below.
SHARE if you had no idea this was going on!
Gillette pack of 3-blade razors. Price difference: $1.50
Degree deodorant. Price difference: $1.70
Neutrogena wrinkle cream with spf 15 and retinol. Price difference: $0.80
Gillette shaving cream. Price difference: $0.60
Nivea body wash. Price difference: $0.50
Watch the video below to see why the Pink Tax exists!
SHARE if you think knowing this can save you your hard-earned cash!
