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Dems who ran on affordability now face backlash as costs climb in NY, Virginia
“The water bill went up. The light bill went up. Now property taxes — what exactly are we doing here?”
This was one of many cries of worry and frustration voiced by New York City residents at a recent public meeting, where they said Mayor Zohran Mamdani’s policies since taking office have made life more expensive. The backlash is significant as Mamdani, like many Democrats who swept into office in November, campaigned explicitly on making life more affordable for constituents.
It’s not just in New York. Like Mamdani, Democratic Virginia Gov. Abigail Spanberger campaigned as a vocal critic of Republican economic policies. Now, she is facing voter outrage as costs in the Old Dominion continue to rise, and an economic climate that is increasingly seen as hostile to businesses drives away some of the biggest contributors to the tax base.
The trend underscores mounting political risk for Democrats, who will now need to demonstrate that they’re keeping their promises ahead of the midterms.
In New York City — the world’s financial capital and home to nearly 9 million — rising costs have national consequences.
Residents say Mamdani is backtracking on campaign promises to lower housing costs, pointing to a proposed property tax hike, rising water bills and higher electricity costs as signs that life is only getting more expensive.
With the city’s housing market already under strain, where demand far exceeds available supply, critics say Mamdani’s proposed rent freeze could discourage new construction, tighten inventory and push prices higher over time.
MAMDANI BUDGET POURS MILLIONS INTO DEI OFFICES AND CUTS 5,000 NYPD JOBS
“Economists — whether they are on the right or on the left — essentially are in universal agreement that when the government implements price controls in the rental market, you end up with housing shortages,” said E.J. Antoni, chief economist at the Heritage Foundation.
Antoni argued the city’s affordability challenges are largely policy-driven. “If we look at the ways in which New York City is more expensive than other places around the country, it is chiefly due to bad public policy that has imposed those costs,” he said, adding that “doubling down on those government failures will only make it worse.”
Edward Pinto, a senior fellow and co-director of the AEI Housing Center at the American Enterprise Institute, said Mamdani’s proposal to freeze rents and increase property taxes in New York would be a “one-two wealth destruction punch.”
MAMDANI’S ESTATE TAX PLAN COULD DRIVE WEALTH OUT OF STATE, CRITICS WARN
“The rent freeze would drive multifamily property values down and the increase in property taxes would drive both multifamily and single-family values down. At the same time, the construction of new supply would contract and property upkeep would diminish as repairs are deferred and improvements are not made,” Pinto said.
For tenants and homeowners, those shifts could translate into fewer housing options and higher long-term costs.
When asked about Mamdani’s latest proposal — an estate tax plan that could pull middle-class families into a levy long aimed at the wealthy — Pinto warned it would deal a new blow to the city.
“This proposal would destroy NYC’s wealth in a different manner,” Pinto said. “This estate tax proposal will mistreat capital and result in the voluntary exodus of NYC residents and their wealth to places like Florida and Tennessee,” he added.
Despite the fact that Spanberger campaigned on affordability in Virginia, lawmakers from her party in Richmond are advancing a sweeping set of tax proposals that will raise costs for residents and businesses.
They propose more than 50 taxes targeting income, investment and everyday economic activity, from joining a gym to bringing pets to the groomers.
“This is part of a broader picture we’re seeing across blue states,” said Jack Salmon, a research fellow at the Mercatus Center at George Mason University focusing on tax and fiscal policy. “These states seem particularly determined to raise the tax burden on their highest-earning taxpayers.”
At the center are changes to Virginia’s tax structure. One bill would raise top income tax rates to as high as 10%, while another would impose a 3.8% tax on investment income.
CONSERVATIVE STATES SEE LOWER INFLATION THAN LIBERAL ONES NATIONWIDE, WHITE HOUSE DATA SHOWS
For some high earners, those levies could stack — pushing rates to 13.8% and moving Virginia closer to high-tax states.
Lawmakers are also considering a range of new taxes and fees across the economy, from higher sales taxes and levies on deliveries and rideshare services to taxes on everyday services like repairs, gym memberships, dry cleaning and dog grooming, along with new taxes on large employers.
Adding to the strain are rising energy costs. A Dominion Energy rate hike that took effect Jan. 1 reflects, in part, the costs of transitioning to offshore wind under the Virginia Clean Economy Act (VCEA) — a policy that could result in higher utility bills for customers.
Spanberger has also moved to rejoin the Regional Greenhouse Gas Initiative (RGGI), a carbon pricing program her predecessor, Republican Gov. Glenn Youngkin, exited — a move critics warn will increase the burden on household energy bills.
The mounting costs are already drawing concern from business leaders. Aerospace giant Boeing plans to move its headquarters from Virginia to Missouri, a shift expected to hit the state’s tax base and business climate.
Even if the immediate fiscal impact is limited, the loss of high-paying headquarters jobs and the spending they support is expected to erode tax revenues and create ripple effects across the local economy, from reduced consumer spending to weaker demand for services.
With costs rising and frustration mounting, voters will soon decide whether those promises still hold — or whether change is coming in November.
Mamdani and Spanberger’s office did not respond to Fox News Digital’s requests for comment.
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Swalwell attorney denies misconduct, says congressman took accountability for ‘lapses in judgment’
Rep. Eric Swalwell’s attorney, Elias Dabaie, stated that the California congressman denies allegations of sexual misconduct, while acknowledging “lapses in judgment,” as multiple women have come forward and Swalwell’s biggest endorsements continued to be rescinded.
“We take these allegations very seriously,” Dabaie said. “The congressman categorically denies any misconduct took place, and we intend to vindicate his rights in court.” The attorney made the comments during a Saturday interview on CNN’s “The Story Is” with Elex Michaelson
Dabaie’s remarks came as Michaelson pressed him on why Swalwell declined to appear on the program after posting a video response online and as questions mount over the allegations, which surfaced weeks before the gubernatorial election.
“The congressman takes accountability for potential lapses in judgment, but again, categorically denies any wrongdoing,” Dabaie said, declining to elaborate further on what those lapses entailed.
When asked directly whether Swalwell admitted to cheating on his wife but not breaking the law, Dabaie said, “I’m not going to get into the details of that. Our investigation is ongoing. A lot of it is privileged.”
Dabaie also questioned the credibility and timing of the allegations, noting their proximity to the election.
“I have to question the timing of these allegations… 25 days out from an election,” he said. “From my perspective, looking at the facts, I do have to question the credibility of these allegations.”
As Michaelson cited evidence presented in reporting, including medical documentation and contemporaneous messages, Dabaie declined to engage in specifics.
“I prefer not to get into those details at this time,” he said. “The investigation is ongoing, and I do plan on vindicating the congressman’s rights.”
Dabaie further stated that the campaign would continue despite calls from Sens. Adam Schiff, D-Calif., and Ruben Gallego, D-Ariz., among other Democratic allies, to withdraw.
SWALWELL FACES EXPULSION EFFORT FOLLOWING BOMBSHELL ASSAULT ALLEGATIONS
“As of this moment, yes, he intends to continue his campaign,” Dabaie said.
“The notion that all these people pulled their support, I suspect that there are political machinations behind the scenes explaining why the Democratic Party has decided to try to consolidate the vote in order to make sure that a Democratic candidate makes it past the primary. So I’m not surprised to see that.”
Dabaie said the legal team is evaluating next steps after sending cease-and-desist letters to some of the accusers.
“We believe that these claims are false,” he said. “Once we had enough information to determine who was making them, we sent cease-and-desist letters. And we’re now looking at all available legal options.”
“I haven’t seen any evidence that that ever took place.”
Fox News Digital reached out for additional comment to Swalwell’s office and his gubernatorial campaign.
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Tax day is this week: Avoid these 5 common mistakes that can cost you money
With Tax Day arriving this week, millions of filers are rushing to submit returns—often increasing the chances of simple but costly mistakes. Even minor errors, like incorrect personal details or overlooked income, can delay refunds, trigger IRS notices, or lead to penalties that take time and money to fix.
The good news is that most of these issues are entirely avoidable with both extra attention and preparation.
Here are five common filing missteps to watch out for and how to avoid them:
Your filing status is one of the most important choices on your tax return because it helps determine your tax rate, your standard deduction, and which credits you may be eligible to claim. Pick the wrong one, and you could end up paying more than you owe, getting a smaller refund or triggering delays if the IRS flags the return for review.
For many taxpayers, the confusion comes from life changes that happened during the year, like getting married or divorced, having a child, moving in with a partner, supporting an aging parent or sharing custody. Even if your situation feels straightforward, the IRS rules can be less intuitive, especially for taxpayers who aren’t sure whether they qualify as “head of household” or whether they can still file as a “qualifying surviving spouse” after a spouse has died.
BEWARE OF THESE TAX SCAMS AS THE FILING DEADLINE APPROACHES, CONGRESS WARNS
Head of household, in particular, can be costly to get wrong. It typically comes with a larger standard deduction and more favorable tax brackets than filing as single, but it has strict requirements tied to paying more than half the cost of keeping up a home and having a qualifying dependent. If you don’t meet the rules and claim it anyway, you may have to pay back tax benefits later, plus penalties and interest.
When in doubt, the IRS has an online filing-status tool, and many tax software programs will walk you through the questions to help you choose the right category.
An extension can buy you time to file your paperwork, but it doesn’t give you extra time to pay. For most taxpayers, the IRS deadline to pay what you owe is April 15, 2026 — even if you request an extension to file later.
“Remember that even if you claim an extension, the money is owed on April 15,” said Mike Faulkender, co-chair of American Prosperity at the America First Policy Institute.
RETIRED? HERE’S WHEN THE IRS MIGHT TAKE A CLOSER LOOK AT YOUR FINANCES
Faulkender, a former Treasury official and IRS commissioner, said taxpayers who need more time should still estimate their bill and pay by the filing deadline to help avoid added costs.
“You have to actually send in a check or have the payment deducted from your account by the filing deadline,” he said.
If you can’t pay in full by April 15, pay what you can to help limit penalties and interest that accrue on top of your tax bill.
One of the biggest and most expensive tax-season mistakes is failing to claim every credit or deduction you qualify for. That can mean a smaller refund or a higher bill.
“I think the top mistake people make is not fully understanding or taking the time to really research what are all the different deductions and the ways that you can put a little bit of extra money in your pocket that are available to you,” said Bill Sweeney, senior vice president of government affairs at AARP.
WHAT TRUMP’S NEXT PICK TO LEAD THE FEDERAL RESERVE MEANS FOR YOUR WALLET
Sweeney also warned taxpayers not to rely on last year’s return as a blueprint for filing because of recent changes to the tax code from the One Big Beautiful Bill Act.
“This would be a good year given that there are these changes to the tax code, to make sure not to assume that what you did last year will convey over to this year. Really take a fresh look at your tax situation and see if there’s money that you’re leaving on the table,” he said.
Timing matters when it comes to filing your taxes. Submitting your return before you’ve received all your key paperwork, like W-2s or 1099s, can lead to errors, missing income or a return you have to amend later.
Faulkender said there’s a simple way to double-check what’s been reported under your name before you file.
“One of the things that I learned last year when I was IRS commissioner was that if you create an account on irs.gov, you can see everything that’s been filed under your tax ID,” he said.
“We’re supposed to receive all of our W-2s and our 1099 forms in the mail in January and February. But if you’re missing one, or you misplaced it, rather than requesting it again, you can actually go and see what was filed under your taxpayer identification number if you create an account on IRS.gov.”
If you choose direct deposit for your refund, the IRS relies on the routing and account numbers you provide. One wrong digit can lead to delays.
If you pay what you owe by direct debit, incorrect banking details can also lead to a rejected payment and potentially result in penalties and interest.
Filing late can also cost you extra money, especially if you owe. The goal is to wait until you have what you need, then file as soon as you’re ready, without rushing prematurely.
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Trump orders a blockade in the Strait of Hormuz as tensions with Iran soar
President Donald Trump said the U.S. Navy will begin a blockade of the Strait of Hormuz and interdict vessels that have paid a toll to Iran, after U.S. peace talks with Tehran ended in a stalemate.
“Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all ships trying to enter or leave the Strait of Hormuz,” Trump posted on Truth Social. “At some point, we will reach an ‘ALL BEING ALLOWED TO GO IN, ALL BEING ALLOWED TO GO OUT’ basis, but Iran has not allowed that to happen… THIS IS WORLD EXTORTION.”
He said the U.S. would deny safe passage to vessels that paid the toll and begin clearing mines.
“I have also instructed our Navy to seek and interdict every vessel in international waters that has paid a toll to Iran,” he wrote. “No one who pays an illegal toll will have safe passage… We will also begin destroying the mines… Any Iranian who fires at us… will be BLOWN TO HELL!”
WHY THE STRAIT OF HORMUZ MATTERS AS TRUMP ISSUES FRESH ULTIMATUM TO IRAN
Iran’s closure of the strait has triggered global economic turmoil, and reopening it was a key condition in U.S. efforts to reach a deal.
In a second post, Trump reiterated the demand: “They better begin… getting this INTERNATIONAL WATERWAY OPEN AND FAST!”
Trump’s warning raises the stakes in the narrow but vital waterway, a critical artery for global energy supplies.
The strait, which lies between Iran, Oman and the United Arab Emirates, is one of the world’s most critical energy choke points, carrying roughly 20 million barrels of oil a day along with about one-fifth of global liquefied natural gas.
The strait is also a vital artery for refined fuels, including products like jet fuel.
The latest threat builds on a pattern of deadlines Trump has imposed on Tehran over the strait. Here is a timeline of those demands:
In a Truth Social post, Trump declared that if Iran did not “FULLY OPEN” the strait within 48 hours, the United States would “obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!”
Ali Mousavi, Iran’s permanent representative to the International Maritime Organization, responded by saying that the Strait of Hormuz was “open to everyone” except Tehran’s enemies. Meanwhile, other Iranian officials warned that attacks on energy infrastructure would amount to an attack on the Iranian people and would be met with retaliation.
SAN FRANCISCO BECOMES FIRST US CITY WHERE DIESEL PRICES TOP $8 A GALLON
Two days later, Trump wrote in a Truth Social post that the U.S. had had “productive” conversations with Iran and that he had ordered the Pentagon to delay any strikes on Iranian power plants and energy infrastructure for five days.
Iranian officials publicly denied that any talks were taking place.
Trump again extended his deadline — this time by 10 days, to April 6 at 8 p.m. Eastern — saying in a social media post that he was “pausing the period of Energy Plant destruction” at the Iranian government’s request.
WHERE GAS PRICES ARE RISING FASTEST AS TRUMP ISSUES FRESH WARNING TO IRAN
Trump wrote in a Truth Social post that “great progress” had been made in negotiations to end the conflict. At the same time, he warned that if a deal was not reached and the Strait of Hormuz was not “immediately” opened, the United States would destroy Iran’s power plants, oil wells, Kharg Island — the country’s main oil export hub — and “possibly all” desalination plants.
Trump said Iran requested a ceasefire, a claim Iran’s foreign ministry spokesperson called “false and baseless,” according to the state news agency IRIB.
In a social media post, Trump said the United States would consider a ceasefire only once the strait was “open, free and clear,” adding: “Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!”
WHERE GAS PRICES ARE RISING FASTEST AS TRUMP ISSUES FRESH WARNING TO IRAN
Trump warned in a Truth Social post that “time is running out — 48 hours before all Hell will reign down on them.”
The post followed several conflicting statements in previous days, in which he alternately criticized allies for not acting to reopen the strait and suggested it would reopen on its own.
In a profanity-laced post on Truth Social on Sunday, Trump wrote: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran.
“There will be nothing like it!!! Open the F—–’ Strait, you crazy b——-, or you’ll be living in Hell – JUST WATCH! Praise be to Allah.”
“Tuesday, 8:00 P.M. Eastern Time!” he wrote in a second post.
Two days later, Trump issued a fresh ultimatum to Iran, demanding that it allow all vessels to transit the Strait of Hormuz or face strikes on critical infrastructure. The warning came after weeks of escalating threats and missed deadlines.
“A whole civilization will die tonight, never to be brought back again. I don’t want that to happen, but it probably will,” Trump wrote in a Truth Social post. “We will find out tonight — one of the most important moments in the long and complex history of the world,” he added, referencing his 8 p.m. ET deadline for Iran to agree to a ceasefire and reopen the strait.
A ceasefire was called a few hours before the 8 p.m. deadline.
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