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Airbnb

Ahead of its participation in the U.S. Conference of Mayors' Summer Meeting in Florida, Airbnb emphasized once more its big sell to local governments in a new report: positive economic impact for the middle class.

According to Airbnb, 60% of U.S. hosts say it has helped them afford to stay in their homes, 51% say they rely on Airbnb income to make ends meet, and 44% of U.S. hosts earn $75,000 a year or less.

Between the lines: Airbnb faces a lot of criticism for contributing to housing crises in cities like San Francisco, and for increasing housing prices, so the home-sharing company is constantly touting such data as a counterpoint, especially to local legislators.

More from this year's report (2016 data):

  • Airbnb supported 730,000 jobs worldwide, including 130,000 in the U.S.
  • $61 billion in estimated economic output from Airbnb worldwide, including $14 billion in U.S. cities.
  • Airbnb has tax agreements with 310 jurisdictions globally, including more than 250 in the U.S. $300 million in hotel and tourist taxes remitted, including more than $270 million in the U.S.
  • 57% of U.S. hosts are in cities with tax agreements.

Go deeper

Schumer's m(aj)ority checklist

Senate Minority Leader Chuck Schumer. Photo: Tasos Katopodis/Getty Images

Capitalizing on the Georgia runoffs, achieving a 50-50 Senate and launching an impeachment trial are weighty to-dos for getting Joe Biden's administration up and running on Day One.

What to watch: A blend of ceremonies, hearings and legal timelines will come into play on Tuesday and Wednesday so Chuck Schumer can actually claim the Senate majority and propel the new president's agenda.

The dark new reality in Congress

National Guard troops keep watch at security fencing. Photo: Kent Nishimura/Los Angeles Times via Getty Images

This is how bad things are for elected officials and others working in a post-insurrection Congress:

  • Rep. Norma Torres (D-Calif.) said she had a panic attack while grocery shopping back home.
  • Rep. Jim McGovern (D-Mass.) said police may also have to be at his constituent meetings.
  • Rep. Adam Kinzinger (R-Ill.) told a podcaster he brought a gun to his office on Capitol Hill on Jan. 6 because he anticipated trouble with the proceedings that day.
Off the Rails

Episode 3: Descent into madness ... Trump: "Sometimes you need a little crazy"

Photo illustration: Sarah Grillo/Axios. Photos: Tom Williams/CQ-Roll Call, Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios series takes you inside the collapse of a president.

Episode 3: The conspiracy goes too far. Trump's outside lawyers plot to seize voting machines and spin theories about communists, spies and computer software.

President Trump was sitting in the Oval Office one day in late November when a call came in from lawyer Sidney Powell. "Ugh, Sidney," he told the staff in the room before he picked up. "She's getting a little crazy, isn't she? She's really gotta tone it down. No one believes this stuff. It's just too much."