CVS drops prices on its tampons and will pay the 'pink tax' | CNN Business

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CVS drops prices on its tampons and will pay the 'pink tax' | CNN Business
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CVS will reduce prices on its store-branded menstrual products nationwide and pay the sales taxes on those products in a dozen states

Starting Thursday, CVS\n \n will drop prices by 25% on CVS\n \n Health and Live Better tampons, menstrual pads, liners and cups. The chain last week also began paying sales taxes for customers on period products in 12 states — Arkansas, Georgia, Hawaii, Louisiana, Missouri, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin and West Virginia. CVS said it cannot cover the taxes in other states that levy them due to laws preventing third parties from paying taxes on a customer’s behalf.

” The price cuts from CVS are the latest step in a growing effort to close the gap between the cost of women’s and men’s personal health items, and eliminate sales taxes on feminine hygiene products, which are often known as the “pink tax” or “tampon tax.” Advocates in recent years have pushed for states to eliminate sales taxes on women’s products.

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