TRAIN benefits outweigh higher consumer prices — Palace

MANILA, Philippines — The advantages of the tax reform law outweigh the impact of higher consumer prices, Malacañang said yesterday as it stressed that the additional revenues would go back to the public in the form of social services and jobs.

Presidential Communications Secretary Martin Andanar said the revenues to be generated by the Tax Reform for Acceleration and Inclusion (TRAIN) would go to infrastructure projects that would create new jobs.