Philippine President Ferdinand Marcos Jr. used his fifth State of the Nation Address to ask Congress for tax and energy legislation aimed at reducing household and business costs.\n\nGovernment summaries of the address say Marcos proposed expanding the income-tax exemption to workers earning up to 350,000 pesos a year, reducing taxes for other workers, exempting small businesses from the minimum corporate income tax and offering amnesty for certain unpaid taxes and penalties.\n\nThe president also called for changes to electricity billing and reiterated temporary relief measures for some fuel products. The House of Representatives said its committees would prioritize the proposals, but the measures still require legislation and their final costs, eligibility rules and revenue effects may change during debate.\n\nMarcos also highlighted the government's recovery of funds tied to alleged flood-control corruption and reaffirmed the Philippines' territorial claims. Claims about recovered assets and program reach come from government accounts and will require continued public reporting and legislative scrutiny.\n\nSource: Philippine Information Agency — https://pia.gov.ph/news/president-marcos-calls-on-congress-for-amendment-passage-of-important-legislative-measures/\n\nSource: Philippine Information Agency summary of the address — https://pia.gov.ph/news/marcos-reaffirms-sovereignty-outlines-p25-b-anti-corruption-recovery-tax-relief-and-energy-reforms-in-2026-sona/\n\nSource: House of Representatives of the Philippines — https://www.congress.gov.ph/media/press-releases/9953
Asia
Marcos asks Philippine Congress for tax relief and lower power costs
The president’s fifth State of the Nation Address proposed a higher income-tax exemption, relief for small businesses and changes intended to reduce electricity bills.
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