Taxes in Wake County are expected to go way up after a recent property evlauation

For the past year, assessors have been evaluating 450,000 residental and commercial properties in Wake County to prepare for new property taxes in early 2024. The last evaluation in 2020 resulted in a 20% hike in taxes. They are likely to climb by an even higher percentage next year. WRAL Investigates reporter Matt Talhelm is covering this issue in multiple reports and joins us in this episode to explain how it all works.