You've probably heard of the pink tax—that additional price women pay to exist in the same world as men. Now meet the double tax, the compounded cost of racism and sexism or the pink tax and then some. The Double Tax dares to ask why it’s so expensive to be a woman in America and why it doesn’t have to be this way.

In The Double Tax, Harvard researcher Anna Gifty Opoku-Agyeman summarizes the disparities that women face as they navigate life’s biggest moments. Not only do the numbers reveal that women incur higher costs than men, but also that Black and white women lead vastly different lives, marked by dramatic gaps in job opportunities, salaries, housing costs, childcare access, and generational wealth. She coins this gap as the “double tax,” the compounded cost of racism and sexism. She speaks with Bloomberg's Carol Massar, Tim Stenovec, and Norah Mulinda.

You've probably heard of the pink tax&mdash;that additional price women pay to exist in the same world as men. Now meet the double tax, the compounded cost of racism and sexism or the pink tax and then some. The Double Tax dares to ask why it&rsquo;s so expensive to be a woman in America and why it doesn&rsquo;t have to be this way.
In The Double Tax, Harvard researcher Anna Gifty Opoku-Agyeman summarizes the disparities that women face as they navigate life&rsquo;s biggest moments. Not only do the numbers reveal that women incur higher costs than men, but also that Black and white women lead vastly different lives, marked by dramatic gaps in job opportunities, salaries, housing costs, childcare access, and generational wealth. She coins this gap as the &ldquo;double tax,&rdquo; the compounded cost of racism and sexism. She speaks with Bloomberg's Carol Massar, Tim Stenovec, and Norah Mulinda.

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Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

The Double Tax: How Women of Color Are Overcharged and Underpaid

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5f0bebaf-fad6-4077-80b7-b40c0142e045/transcript