Cost of Doing Business in Georgia Soars Amid Higher Inflation, Taxes, Committee Hears

Cost of Doing Business in Georgia Soars Amid Higher Inflation, Taxes, Committee Hears
Committee chairman Rep. Jason Smith (R-Mo.) arrives for a House Ways and Means Committee hearing on Capitol Hill in Washington on March 10, 2023. Drew Angerer/Getty Images
Andrew Moran
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The cost of doing business in Georgia has risen exponentially as the effects of rising inflation, higher taxes, and increasing interest rates affect operations, the U.S. House Ways and Means Committee heard during a field hearing in Peachtree, Georgia.

“Historic inflation, higher interest rates, and help wanted signs have come to define life and America for millions of people and businesses,” committee Chairman Jason Smith (R-Mo.) said in his opening remarks.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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