Business owners, economists, and a political analyst in Pangasinan welcomed President Ferdinand Marcos, Jr.'s proposed tax relief package, saying the measures could ease the financial burden on workers and small businesses if approved by Congress.

During his fifth State of the Nation Address (SONA), Marcos urged lawmakers to pass reforms that would exempt small businesses from paying the minimum corporate income tax, raise the annual tax-free income threshold from P250,000 to P350,000, lower personal income tax rates for other income brackets, and grant tax amnesty on certain unpaid tax obligations.

Political analyst, Prof. Mark Anthony Baliton, said the proposal acknowledges the concerns of the country's middle-income earners.

"Nagpapasalamat tayo dahil binigyan niya ng pansin ang mga middle class sa pagpahayag na ito, at doon sa pag-amyenda ng batas, it's a welcome gesture, and I hope Congress will make it as a priority bill," he said.

Economist, Dr. Teddy Fernandez, said the proposed reforms could provide some financial relief to Filipinos.

"Napakaganda because tinitignan ng ating gobyerno kung papaano magkaroon ng kaunting ginhawa ang mga Pilipino," he said.

Allan Ace Angelo, a small business owner, said he hopes the government will reduce the tax burden on micro and small enterprises further.

"Sana sa aming mga maliliit na negosyante, wala nang tax. Doon na lang sila bumawi sa malalaking negosyo," he said.

Marcos' proposed tax package still requires congressional approval before it can take effect. Lawmakers have yet to discuss the proposed measures in Congress.