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Marcos Pledges Anti‑Graft Drive That Could Reach Cousin as He Seeks Tax Relief

The pledge seeks to restore confidence by advancing prosecutions, proposing tax and consumer relief to ease rising living costs.

Philippine President Ferdinand Marcos Jr delivers his fifth State of the Nation Address (SONA), at the House of Representatives, in Quezon City, Metro Manila, Philippines, July 27, 2026. REUTERS/Lisa Marie David
A protester destroys an effigy of U.S. President Donald Trump during a protest march in Quezon City, Philippines Monday, July 27, 2026, ahead of the State of the Nation Address by President Marcos Jr. (AP Photo/Gerard Carreon)
Police personnel line up and secure a road near a protest march in Quezon City, Philippines Monday, July 27, 2026, ahead of the State of the Nation Address by President Marcos Jr. (AP Photo/Gerard Carreon)
Protesters carry an effigy of U.S. President Donald Trump and Philippine President Ferdinand Marcos Jr. during a protest march in Quezon City, Philippines Monday, July 27, 2026, ahead of the State of the Nation Address by President Marcos Jr. (AP Photo/Gerard Carreon)

Overview

  • In his State of the Nation speech on Monday, President Ferdinand Marcos Jr. vowed to press corruption cases even against his cousin, former House Speaker Martin Romualdez, saying his duty is to the Filipino people.
  • Separate government and congressional probes into 2024–25 flood‑control projects have produced indictments, detentions and arrests, and investigators say they are close to filing multiple cases tied to senior politicians and contractors.
  • Marcos asked Congress for specific relief measures, including broader income tax exemptions for workers, removal of the minimum corporate income tax for small firms, and steps to cut power and rice costs.
  • Markets and public trust have weakened since the scandal surfaced, with analysts warning the government must show how promised handouts will be funded before investor confidence recovers.
  • Security was tightened for the address with more than 23,000 police deployed and two small explosive incidents reported near justice institutions, while the ongoing impeachment trial of Vice‑President Sara Duterte adds to political strain ahead of 2028.