The discussion focuses on “Infrastructure”.

It also includes the Types of Infrastructure,

The incremental Revenue Raised from the Tax, and How Infrastructure Affects the
Economy.

Infrastructure refers to the basic physical systems that strengthen the structure of the
economy. The term refers to longer-lived, capital intensive system and facilities. Types
of Infrastracture are, economic infrastructure and social infrastructure. Economic
infrastructure are thoes basic facilities which directly benefits the process of production
and distribution on an economy. Social infrastructure are those basic ctivities and
services which, in addition to achieve certaion social objectives, infirectly help various
economic activities. The incremental revenue raised from the tax reform law are
directed to 70% of infrastructure program. Infrastructure affects economy in a way that
it reduces cost of intermediate goods and transaction cost, raise population well-being
and hima capital, decrease unemployment and encourage investors.