Thursday, December 9, 2021
Pain in The Purse: The Tax That Changed Handbag History - Now available on Amazon in paperback and Kindle ebook
In this micro-history by award-winning writer Wendy Dager, you'll learn that on April 1, 1944, the American people were subject to a federal excise tax that encompassed a large number of items the US government had deemed luxuries. Among them were handbags, a necessity that cost consumers an additional 20% of their retail value. Twenty years of FET had an enormous impact on much more than the pocketbook. An early form of today's "pink tax," it was placed on numerous women-centric items, including jewelry, furs and face creams. This tax affected industries, feminism, politics and journalism, and forever altered the designs of mid-century purses, which remain a fashion staple.