CVS Cuts Prices of Menstrual Products, Covers Sales Tax in Some States
OCTOBER 13, 2022 – CVS cuts costs on private-label sanitary products and pays state sales tax in 12 states.
The drugstore chain announced a 25% price reduction on CVS Health and Live Better tampons, napkins, napkins and cups starting Thursday.
“Women deserve quality when it comes to the products they need each month,” CVS said in a statement. I am working on.”
They are also trying to balance the price of men's and women's hygiene products such as razors.
The chain is paying sales taxes on period products in these 12 states:
Arkansas, Georgia, Hawaii, Louisiana, Missouri, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin, and West Virginia.
It can't pay the taxes in other states that have them because of laws that prevent third parties from paying taxes for a customer.
“This move will highlight their commitment to addressing women's health and pave the way for reducing menstrual inequity,” Padmini Murthy, MD, the global health lead for the American Medical Women's Association, said in an email to CNN, “and not just to promote the use of CVS products.”
Twenty-three states don't tax feminine hygiene products, says the Alliance for Period Supplies, an advocacy group seeking to expand access to menstrual supplies.
“Too often period products are taxed as luxury items and not recognized as basic necessities,” the organization said. “Period products are taxed at a similar rate to items like decor, electronics, makeup and toys.”
Tampon prices rose 12.2% for the year ending October 2, according to market research firm IRI. The group also said that 25% of women find it difficult to purchase products because of their cost.
The drugstore chain announced a 25% price reduction on CVS Health and Live Better tampons, napkins, napkins and cups starting Thursday.
“Women deserve quality when it comes to the products they need each month,” CVS said in a statement. I am working on.”
They are also trying to balance the price of men's and women's hygiene products such as razors.
The chain is paying sales taxes on period products in these 12 states:
Arkansas, Georgia, Hawaii, Louisiana, Missouri, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin, and West Virginia.
It can't pay the taxes in other states that have them because of laws that prevent third parties from paying taxes for a customer.
“This move will highlight their commitment to addressing women's health and pave the way for reducing menstrual inequity,” Padmini Murthy, MD, the global health lead for the American Medical Women's Association, said in an email to CNN, “and not just to promote the use of CVS products.”
Twenty-three states don't tax feminine hygiene products, says the Alliance for Period Supplies, an advocacy group seeking to expand access to menstrual supplies.
“Too often period products are taxed as luxury items and not recognized as basic necessities,” the organization said. “Period products are taxed at a similar rate to items like decor, electronics, makeup and toys.”
Tampon prices rose 12.2% for the year ending October 2, according to market research firm IRI. The group also said that 25% of women find it difficult to purchase products because of their cost.
14 Jan 2023
