Ireland should save more of its windfall from corporate taxes to shore up public finances, the country's central bank chief says https://t.co/MbeGBQqFXT ...

Government Policy & Fiscal Impact - New York Governor is considering raising corporate taxes to address a potential budget shortfall [1] - The tax revenue may be used to fund some of Zohran Mamdani's agenda as New York City mayor [1]

Government Policy & Financial Industry Concerns - UK Labour government has consistently assured City of London bankers that corporate taxes won't increase [1] - Privately, financial executives are increasingly concerned about potential tax hikes by ministers [1]

Government Policy & Fiscal Impact - Poland approves higher corporate taxes on lenders [1] - The tax increase aims to boost the government budget [1] Banking & Credit Sector Concerns - Concerns exist regarding the impact of higher taxes on credit and banking costs [1]

US Treasury Balance - US government had a $27 billion surplus for the month on an unadjusted basis, compared to an expected $205 billion deficit [2] - US ran a $70 billion deficit in June on an adjusted basis [3] - US is running a $13 trillion deficit fiscal year to date, matching last year's pace [3] Tariff Revenue - US took in $27 billion in customs duties in June [3] - Treasury has taken in $87 billion in customs duties so far this calendar year [4] - Tariff revenue is about $20 billion extra compared to baseline [7] Corporate Taxes - Corporate taxes were down 17% for the month of June [5] - Corporate taxes were about $14 billion less compared to baseline [7] Market Watcher Concerns - Market watchers are worried about what the decrease in corporate taxes could signal for earnings season [6]