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House of Representatives (File photo) MANILA - The veto of the measure creating the Bulacan airport ecozone is a signal to spend less time on bills granting tax incentives and tax breaks. Instead, measures in the 19th Congress should focus on non-tax incentives, improving tax compliance, plugging loopholes, and easier business registration with the Bureau of Internal Revenue (BIR) and other agencies. Bagong Henerasyon party-list Rep. Bernadette Herrera said the country can create more jobs without bleeding out revenues, noting that the government should just focus on making approval processes ...

Worse. >> it hurts our credibility and makes people think at some point down the road they will not be able to pay for to enormous defense establishment and we'll wait them out and when they ka no longer afford it we'll go after whatever prize we want. >> the economic thing is really worrying to me. we'll have -- they'll probably raise taxes to deal with this stuff. and particularly, if president obama is elected. >> i hope so. >> i hope not. >> neil: it is argued that that is what will happen. >> that will be one of the worst things for the economy. if that happens, when we raise taxes, i'm n...