Should Feminine Products be Taxed as a Luxury?
Location
Allegheny C, Hotel Madison, JMU
Start Date
4-5-2019 5:30 PM
Description
Feminine products are considered a luxury in America as they make life more convenient for women. Currently, only 10 states exempt feminine products from being taxed as a luxury. Nevada residents disagreed with the tampon tax and called for a ballot referendum in 2018. In our project, we will use game theory to model the decisions of the state government in Nevada on what they should consider concerning the tampon tax. Various game theory techniques were utilized to analyze the game trees and payoff matrices in order to compare our findings with the actual results. It is imperative to model and analyze the decisions of the state government to fully understand the underlying political and financial motivations. Game theory provided the basis of the decision to continue taxing feminine products as they are. However, Nevada defied our analysis as they eliminated the tampon tax.
Presentation Type
Presentation
Should Feminine Products be Taxed as a Luxury?
Allegheny C, Hotel Madison, JMU
Feminine products are considered a luxury in America as they make life more convenient for women. Currently, only 10 states exempt feminine products from being taxed as a luxury. Nevada residents disagreed with the tampon tax and called for a ballot referendum in 2018. In our project, we will use game theory to model the decisions of the state government in Nevada on what they should consider concerning the tampon tax. Various game theory techniques were utilized to analyze the game trees and payoff matrices in order to compare our findings with the actual results. It is imperative to model and analyze the decisions of the state government to fully understand the underlying political and financial motivations. Game theory provided the basis of the decision to continue taxing feminine products as they are. However, Nevada defied our analysis as they eliminated the tampon tax.