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.  

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