The Middle American
Property taxes are going up in Wake County. This is on top of a 2024 tax valuation that saw increases in tax assessed values of over 50%. Homeowners insurance is up 15% over the past two years. Auto insurance up 5%. Duke Energy is seeking an 18% increase after only recently getting a 20% increase. Increasing rates are decreasing consumer spending power as wages have not followed suit. Individually, each rate increase may not seem significant, but collectively, they are pushing an already cash-strapped middle class to their breaking point. Like the show? Shoot me a text with your thoughts [https://www.buzzsprout.com/2147089/fan_mail/new] Support the show [https://www.buzzsprout.com/2147089/support]
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