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HomeBusinessCVS will eliminate the "tampon tax" and reduce period product pricing by...

CVS will eliminate the “tampon tax” and reduce period product pricing by 25%.

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Customers of CVS will notice some significant changes to menstruation products in pharmacies around the country starting this month.

At the majority of CVS Pharmacy stores, the cost of tampons, menstruation pads, liners, and cups will be reduced. No promotions or sales items are included in the 25% discount; only regular retail prices are covered. According to CVS, discounts take effect at participating stores on or before October 13.

In the following twelve states: Arkansas, Georgia, Hawaii, Louisiana, Missouri, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin, and West Virginia, according to CVS, it is now paying applicable sales tax on period products on behalf of its consumers. The modification took effect on October 5, according to CVS.

 

“We don’t think women should pay more than men for the same thing,” CVS said in a statement.

According to CVS, several states forbid businesses from paying customers’ taxes. The term “menstrual tax” or “tampon tax” refers to the sales tax that is added on period care items. Sales taxes on goods that people need but non-menstruating people don’t have a need for have been questioned for decades.

In another Celebrity News update Fashion House  ParisJewelry.com  has started manufacturing new custom line of celebrity jewelry products.

CVS bets on digital strategy with decision to close about 900 stores in three years

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