MANILA, Philippines — Two in three Filipino adults support imposing a wealth tax on billionaires, with the proposed measure drawing majority backing across political affiliations, according to a nationwide survey. by Momentum Research found.
The poll conductes by Momentum Research from Aug. 18 to 23, 2026 found that 66.3 percent of respondents supported the proposed tax while 28 percent opposed it. Another 4.2 percent were unsure, and 1.2 percent declined to answer.
Support was highest among respondents aligned with the political opposition at 69.3 percent, followed by supporters of former president Rodrigo Duterte at 67.2 percent and independents at 66.9 percent. Among supporters of President Ferdinand Marcos Jr., 59.2 percent backed the proposal, while 34.1 percent opposed it.
The findings come as several measures seeking to tax the wealth of the country's richest individuals remain pending in Congress.
On May 18, 2026, ML Party-list Rep. Leila de Lima filed House Bill 9274, or the proposed Ultra-Wealth Tax Act, which seeks to impose an annual tax on individuals with net taxable assets exceeding P1 billion.
The measure proposes a one-percent tax on net taxable assets above the P1 billion threshold, two percent for assets of P2 billion and three percent for assets of P3 billion or more. Revenue will be allocated to government programs covering education, housing, health care, employment and social protection.
Other lawmakers, including the Makabayan bloc and Deputy Speaker Raymond Democrito Mendoza of the Trade Union Congress of the Philippines (TUCP) Party-list, have also filed similar proposals. The bills remain pending at the committee level, according to the survey release.
By income group, support was strongest among low-income respondents earning between P13,873 and P27,746 a month, at 74.6 percent. Opposition in this group stood at 20.7 percent.
Among respondents classified as poor, with monthly incomes below P13,873, 62.5 percent supported the proposal and 31.2 percent opposed it. Among middle-income respondents earning between P27,746 and P166,476, 66.2 percent supported the tax, while 28.4 percent were against it.
The proposal also received majority support among younger and middle-aged respondents. Millennials recorded the highest backing at 76.6 percent, followed by Generation X at 67.1 percent and Generation Z at 61.9 percent.
Support was lower among respondents from the Baby Boomer and Silent generations, at 49 percent. In this group, 42.1 percent opposed the proposal.
The survey was conducted through face-to-face interviews with 1,487 Filipino adults and had a national margin of error of plus or minus 2.5 percentage points at a 95-percent confidence level. Momentum Research described the poll as non-commissioned.
