iiinova — where your digital self keeps evolving

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Jake Grumbach @jakemgrumbach.bsky.social · 09/10/2026

New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854

Taxing Entrepreneurial Wealth: Evidence from
Norway, 2021-2025
Marius A. K. Ring
WORKING PAPER 35854|
DOl 10.3386/w35854
ISSUE DATE October 2026
Whether imposing higher taxes on business owners adversely affects business activity by constraining investment and inducing capitalist flight is a central question in the ongoing debate on how to tax the ultra wealthy. To shed new light, I exploit a series of related Norwegian reforms during 2021-2024 that increased dividend tax rates, removed migration-related capital gains tax loopholes, and nearly doubled the effective marginal tax rate on business wealth. These reforms spurred international debate and, allegedly, an "exodus" of Norwegian billionaires (Financial Times,
2023). While I document clear effects on migration, these responses are concentrated among the top 0.1% of the wealth distribution and mostly confined to 2022 and 2023. My results indicate that at most 100 individuals left due to the reforms. I find no evidence of significant outmigration or reduced inflows of startup founders or inventors. I estimate that absent any outmigration, wealth tax revenues would have increased by 75% from 2021 to 2024. Reform-driven outmigration lowers the revenue gain to 71.5%. My findings further show that outmigrating owners' firms remain economically active and do not reduce investment. In a broader set of analyses, I examine whether business outcomes are affected, regardless of whether owners outmigrate, since firms may reduce investment both due to liquidity constraints or distortions to owners' savings decisions. I compare firms owned by Norwegian individuals subject to the wealth tax with firms owned by foreigners and other tax-exempt entities. By merging historical ownership data from Orbis with the Norwegian shareholder register, I perform these analyses on both Norwegian and foreign-domiciled firms.
Across settings, I find no evidence that Norwegian-owned firms pay out more dividends or invest less after the reforms,…

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15/10 Foundation @15outof10.org · 07/10/2026

This dog was placed on the euthanasia list because she had mange. Now she's healthy and thriving in her forever home with two of our followers ❤️‍🩹

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Chad Loder @chadloder.dev · 06/10/2026

What is a "homelessness-related offense"?

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Bolts @boltsmag.org · 06/10/2026

John McKinney, an LA prosecutor, is running for city attorney this fall and has called for more vigorous prosecution of some crimes, including illegal gun possession. He also supports ramping up enforcement of homelessness-related offenses.

boltsmag.org

The Most Overlooked But Wide-Reaching Office on the Los Angeles Ballot - Bolts

Voters face a stark choice between two candidates in the race for city attorney, an office with a large mandate from policing homelessness to enforcing consumer and tenant protections.

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Musicology Duck @musicologyduck.bsky.social · 06/10/2026

some kinda new weird …surveillance system? Outside Heritage HQ

Apparatus attached to a utility pole that seems to have cameras but also says “welcome” in neon green LED lights

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shauna @goldengateblond.bsky.social · 04/10/2026

fucking foghorn leghorn-ass poseur. dude went to fucking oxford and he puts on this “aw shucks i’m just a country bumpkin” routine

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Elsa @erli.bsky.social · 04/10/2026

I can't stop thinking how wrong the tech bros have understood creativity and creators. Or even just having hobbies. #erliart

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Yashar Ali 🐘 @yasharali.bsky.social · 03/10/2026

2. He is one of the biggest live draws in music, filling stadiums across the United States and in major cities around the world. Bryan served eight years on active duty in the US Navy and served overseas in Bahrain and Djibouti.

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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 01/10/2026

Want to learn about the history of our city? Well you’re in luck. This month, we’re hosting a massive scavenger hunt across the city — all about the history of organizing in NYC. Sign up at organize.nyc.gov and come see the city through the eyes of the people who built it.

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Sarah Burris @sarahburris.bsky.social · 01/10/2026

Y'all I just caught the Kennedy Center claiming it isn't closing while telling vendors it's closing and now they're selling all of their Steinway pianos www.alternet.org/alternet-exc...

alternet.org

Kennedy Center moves to sell all of its Steinway pianos

Photos show piano movers rolling massive Steinway grand pianos through the red-carpeted halls of the Kennedy Center this week.

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Reuters Legal @legal.reuters.com · 01/10/2026

Lyft has agreed to pay $272.5 million to settle claims by the state of California and three of its largest cities that the company mislabeled drivers as independent contractors rather than its employees to save money.

reut.rs

Lyft will pay $272.5 million to settle California driver wage theft claims

Lyft has agreed to pay $272.5 million to settle claims by the state of California and three of its ‌largest cities that the company mislabeled drivers as independent contractors rather than its employees to save money.

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Norm Eisen @normeisen.bsky.social · 01/10/2026

BREAKING: we just struck the 1st blow against Trump's illegal impoundment of almost $1B appropriated by Congress to help average folks We & partners sued to stop him from flushing away vast sums in housing support. Housing! The court just SUSPENDED his illegal action while we fully brief the case

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MeidasTouch @meidastouch.com · 30/09/2026

Trump White House misspells “United” on the official “super intelligence” document with AI executives. Instead of “President of the United States,” it reads: “President of the Unites States.” Nothing says “super intelligence” quite like misspelling the name of the country.

Screenshot of a Truth Social post from Donald J. Trump’s verified @realDonaldTrump account displaying a signed document titled “Joint Commitment on Frontier Responsibilities.” The document outlines voluntary AI safety and oversight commitments for companies developing frontier artificial intelligence models. On the right side are signatures and company labels for leaders including Sundar Pichai of Google, Dario Amodei of Anthropic, Mark Zuckerberg of Meta, Greg Brockman of OpenAI, Elon Musk of xAI, and Jensen Huang of Nvidia. Near the center-right, Donald J. Trump’s large signature appears above the printed title identifying him as president. The title contains a noticeable typo: instead of “President of the United States,” it reads, “President of the Unites States,” misspelling “United” as “Unites.”

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Christopher Webb @cwebbonline.com · 30/09/2026

This is priceless. Check out how local news is reporting on Sen Eric Schmidt’s clown-show grilling of Jack Smith. They found Jack Smith at the game… “Top corner, section 109, row 1. In fact, that seat doesn’t even exist in Atlanta.”

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DBdant @dbdant.bsky.social · 29/09/2026

This tidbit was in the article. 🎈💥 ? "Goldman Sachs warned Friday that AI hyperscalers, including Meta, need to generate roughly $300 billion a year in AI services revenue just to break even on their capital spending—and $1 trillion annually to earn meaningful profits—spooking investors."

finance.yahoo.com

Mark Zuckerberg Loses $9 Billion In A Day As Goldman Sachs Pours Cold Water On Meta Stock Rally

Zuckerberg’s $9 billion loss was the biggest single-day drop among any billionaire Friday.

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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 28/09/2026

Last month, we refurbished 10 tennis courts in Crotona Park — the only public tennis courts in the Bronx with lights for night play. We stopped by recently to see how things were going. Thank you to NYJTL, USTA and Yonex for helping us deliver high-quality public spaces that New Yorkers deserve.

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Qasim Rashid, Esq. @qasimrashid.com · 27/09/2026

FYI it has now been 40 days since Angie Nixon defeated Alexander Vindman in the Florida Dem Senate Primary & despite sitting on at least $8M cash and promising to support Nixon, Vindman has not donated a single penny to Angie Nixon for US Senate. WHY IS THIS VIOLATION OF DUTY BEING TOLERATED? 1/2

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Sen, but Spooky @dresdencodak.com · 28/09/2026

The Klingons are great when you realize they're not really a warrior race as much as they are a bunch of theater people with knives

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biologist077.bsky.social @biologist077.bsky.social · 26/09/2026

I'm amazed by new CRISPR findings for aggressive blood cancers (AML/MDS)! Doctors can edit donor stem cells to remove CD33, letting therapies target cancer without hitting healthy cells. In a trial, 19 of 30 patients maintained blood counts. Incredible protection!

sciencedaily.com

CRISPR could help doctors attack blood cancer without destroying healthy cells

A new Phase 1/2 clinical trial involving 30 patients demonstrates that genetically modifying donor stem cells with CRISPR to remove the CD33 protein can allow targeted cancer therapies to attack aggre

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Lulu @200-75.bsky.social · 26/09/2026

And the racism is like nothing I’ve seen north of the Carolinas. Of course it’s everywhere in the US but here, it’s their way of life. Like all the cheese. The bland, bland cheese.

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Lulu @200-75.bsky.social · 26/09/2026

I regularly see women with toddlers waiting in the mud in a ditch by a bus sign less than three feet from roads with 45-55 mph speed limits. That's how Midwesterners treat the people with the most need. Seniors leaning in canes or sitting on a walking grocery cart. It's systematic.

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Lulu @200-75.bsky.social · 26/09/2026

No. It won’t fix you. It just slowly takes pieces of your soul as you move through an ocean of people with little or no concern for anyone. They don’t even have bus benches, they make their most vulnerable wait in the mud.

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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 24/09/2026

Never been to the opera before? Now’s your chance. We’re giving away 70,000 free tickets to the @metopera at the iconic Lincoln Center. Go to on.nyc.gov/opera to enter the lottery. There’s not a bad seat in the house.

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Phil Lewis @phillewis.bsky.social · 23/09/2026

A United Airlines passenger says she was forced to sit next to a man who pleasured himself while staring at her during a flight She said she told she had to return to her seat during landing in spite of it because there were no other available seats

nbcnews.com

Passenger says United ‘trapped’ her next to a man who masturbated on flight. Then the airline let him leave.

The woman said she was told she had to return to her seat during landing in spite of the sexual harassment she reported because there were no other available seats.

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David Ho @davidho.bsky.social · 23/09/2026

Wtaf is this question my university just asked me about my project?

Does the project involve any work that could be interpreted as promoting DEIA, climate change research, or non-compliant to any Presidential Executive Orders?

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RESIST | FIGHT™ @resistfight.com · 23/09/2026

The speaker says his group sued for access to LAPD’s secondary-employment records — and won. He says Chief Jim McDonnell then ignored an August 26 public-records request for the documents.

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RESIST | FIGHT™ @resistfight.com · 23/09/2026

LAPD cops working for ICE contractors off duty — while the department fights to keep its moonlighting records hidden. That is the accusation now being leveled directly at LAPD leadership after a judge ordered the records turned over.

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Corey Atad @coreyatad.com · 22/09/2026

the greatest lesson of my political life was watching Rob Ford accrue power in Toronto because, i shit you not, when he was a city councillor you could call up his office about whatever small issues (potholes, permitting, etc) and he'd actually help you out

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Lulu @200-75.bsky.social · 22/09/2026

Paramount owns all this. I think they’re okay with this…

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Aaron Reichlin-Melnick @reichlinmelnick.bsky.social · 21/09/2026

NEW: @apnews.com confirms that ICE has begun electronically "disappearing" people in the agency's custody who have final orders of removal. As of last week, anyone jailed by ICE with a final order of removal will NOT appear in the ICE Online Detainee Locator System, making them effectively vanish.

apnews.com

AP Exclusive: ICE hides locations of thousands of detainees with final removal orders

U.S. Immigration and Customs Enforcement has stopped publicly revealing where it is holding most detainees who are subject to final deportation orders, in a move that has made it harder for lawyers an...

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Phil Lewis @phillewis.bsky.social · 18/09/2026

The U.S. military swung into action to intercept a Chinese ship after an “entirely false” AI-generated intelligence report inaccurately identified what the vessel was carrying It also “almost started a war,” a source told CNN.

cnn.com

Exclusive: US military had close call after using AI for false intelligence report, sources say | CNN Politics

The episode shows the risks of using this new, relatively poorly understood technology in the middle of the Iran war

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Jess Piper @piperformissouri.bsky.social · 17/09/2026

The price of a gallon of diesel in Des Moines is nearly the same as the hourly minimum wage in Iowa…

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Lulu @200-75.bsky.social · 17/09/2026

People in the Midwest believe in chemtrails. It’s a common, accepted belief. Things like this give it life where I’m living. It’s not chemtrails but it’s close enough for people in the Midwest www.nbcnews.com/news/us-news...

nbcnews.com

'We were experimented on': Victims of secret Cold War testing in St. Louis demand compensation

As Congress considers payments for Cold War-era nuclear contamination in St. Louis, people targeted for secret government testing believe they’re due money, too.

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Aaron Rupar @atrupar.com · 17/09/2026

footage is making the rounds on Facebook of a canvasser wearing a Stronger Maine shirt (a super PAC that supports Susan Collins) stealing a package yesterday

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Lulu @200-75.bsky.social · 17/09/2026

Clan of the Cave Bear had such a weird incest storyline.

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Lulu @200-75.bsky.social · 16/09/2026

Remember?… “Yesterday, Limp Bizkit completed its ”Put Your Money Where Your Guitar Is” tour of nationwide open auditions for a guitarist to replace Wes Borland, and they’ve picked… nobody.” ew.com/article/2002...

ew.com

Limp Bizkit ends its search for a new guitarist

Limp Bizkit ends its search for a new guitarist. Plus, news about Michael Jackson, Bill Cosby, Juvenile, Matthew Perry, Christina Ricci, Barbara Walters, Peter Fonda, Matt Damon, and others

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Lulu @200-75.bsky.social · 16/09/2026

ew.com

Limp Bizkit ends its search for a new guitarist

Limp Bizkit ends its search for a new guitarist. Plus, news about Michael Jackson, Bill Cosby, Juvenile, Matthew Perry, Christina Ricci, Barbara Walters, Peter Fonda, Matt Damon, and others

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Lulu @200-75.bsky.social · 16/09/2026

He played at Kraft’s wedding and few years ago. He’s friends with Robert Kraft. Not surprising since he’s also friends with Benny Blanco and Rick Rubin.

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MeidasTouch @meidastouch.com · 15/09/2026

JUST IN: The House Oversight Committee voted unanimously to recommend that billionaire financier Leon Black be held in contempt of Congress after he refused to comply with subpoenas issued as part of the committee’s investigation into Jeffrey Epstein.

meidasnews.com

House Oversight Unanimously Votes to Hold Epstein Associate Leon Black in Contempt

House Oversight voted 41-0 to recommend holding billionaire Leon Black in contempt of Congress over his refusal to comply with Epstein subpoenas.

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Lulu @200-75.bsky.social · 16/09/2026

Their official website, and a link to their merch :) www.beogamusic.com/store

beogamusic.com

Store — Beoga

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Caroleeena @caroleeena.bsky.social · 15/09/2026

Macklemore can sue Robert Kraft for Tortious Interference for economic harm and I hope he does. Discovery would be fun: "Which other stadium owners did you talk to?" and "We need all related emails, text messages and contracts between you and them and you and Sheeran and Sheeran's team."

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Lulu @200-75.bsky.social · 16/09/2026

Bought 5 of their songs. Something is better than nothing

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