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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rax ‘levon honkers’ king @raxkingisdead.bsky.social · 07/10/2026

gregor samsa awoke one morning to discover he had been transformed into a sickass beetle. fuck yeah he said scuttling all over the walls and ceiling like no dumbfuck traveling salesman could ever do. this is the best day of my life he said

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Tarlton @tarlton.bsky.social · 27/09/2026

Paul McCartney in the shining: woke up got outta bed, hugged a ghoul and bonked me head

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You Can't Stop Progress @petrochemicsoul.bsky.social · 13/09/2026

Thinking about "plus they'll probably have to deal with Godzilla at some point".

"Tried to watch 'Shin Godzilla" on the plane only to realize by the end of the movie that it actually a drama movie called 'Tears for you'. Words can't describe the feeling of watching an incredibly sad movie while constantly thinking: 'Damn... This is depressing. Plus, they'll probably have to deal with Godzilla at some point too...'"

What follows are four screencaps (presumably from "Tears for You"), showing a smiling woman (subtitled "I really love you."), a distant image from above of axwonsn in a white dress (subtitled"Thank you... for raising me."), a short-haired person weeping, and finally, an apprehensive woman (subtitled "living happily.")

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cryptic 🦇 pollinator @magicscience.info · 28/08/2026

good news

ad mockup for new Barilla "One Single Brick-Sized Noodle" (Al Dente Perfection in 38-40 minutes) with image of cooked brick-sized noodle on a plate with sauce and grated parmesan.

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William Shakespeare @shakespeare.lol · 25/08/2026

[Exit Queen.]

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Lydia Kiesling @lydiakiesling.bsky.social · 23/08/2026

You have to be a better reader than a lot of people are lately to glean from this article the extent to which Finland's housing-first policy was wildly successful until a racist right-wing government derailed it by gutting funding and services. www.theguardian.com/society/2026...

theguardian.com

Finland tried to end homelessness. What can we learn from its runaway success – and recent failures?

The Housing First policy led to the number of homeless people in Finland dropping by half. Those with firsthand experience explain why it worked

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tinybaby @tiny.baby · 18/08/2026

When I was a kid I thought Martha's vineyard belonged to Martha Stewart

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Zito @zeets.bsky.social · 25/07/2026

I’m going to write an essay about not caring about adaptations are faithful retelling of the books, because what I’m more interested in is what the writers and directors can do with it. Literary nerds making that complaint is as annoying as comic book nerds whine about it.

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Nicolas Fulghum @nicolasfulghum.bsky.social · 09/07/2026

Solar's sharp rise continues. As of April 2026, global solar capacity now exceeds 3 terawatt. 1 gigawatt → 1 terawatt: 20+ years 1 terawatt → 2 terawatt: 33 months 2 terawatt → 3 terawatt: 19 months

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Peter @notalawyer.bsky.social · 01/07/2026

i don’t know much about soccer buddy i just watch the cup and root against countries i hate

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Michael LaFrance @mlafrance.bsky.social · 25/05/2026

A livestream of a volcano in the Philippines captured a meteor crashing to Earth today. What are the odds? Mayon Volcano, Location: Albay, Luzon, Philippines

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Frostbitten Flamingo @flemtheparrot.bsky.social · 05/12/2025

Morning.

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Brian Hughes @bmhughes.bsky.social · 01/12/2025

This is actually quite brilliant, up to and including the final sentence 🔥

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Paul Haine @paulhaine.bsky.social · 01/12/2025

It's that time of year again

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Laura Anne Gilman @lauraannegilman.bsky.social · 18/09/2025

www.nytimes.com/1939/02/04/a...

Headline from the New York Times, 1939: “Goebbels ends careers of five “Aryan“ actors who made witticisms about the Nazi regime.”

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Lindsey Cormack @dcinbox.bsky.social · 15/09/2025

Use of the word "evil" in official congressional e-newsletters, over time, by party

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headfallsoff @headfallsoff.com · 11/09/2025

every time there's political violence discourse i think about how jo cox was assassinated in broad daylight by a fascist who shouted "britain first" as he shot her, and now nine years later her party is dedicating every moment in power to placating the ideology of her murderer

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spacecowboy @spacecowboy17.bsky.social · 19/07/2025

Enjoying the For You feed? Give it a like ♡ to help more people discover it: bsky.app/profile/did:... The more people use it -> the more feedback we get -> the better we can make it for you.

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Will McKinley @willmckinley.bsky.social · 21/08/2025

My 80-year-old aunt told me she "got tired of streaming" and is borrowing DVDs from her library again. So I checked it out and they have an amazing selection. Blu-rays too, from Criterion, Kino Lorber and other boutique labels. #PhysicalMedia #FilmSky

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Brent Toderian @brenttoderian.bsky.social · 05/08/2025

Remember these? Still probably my favourite bollards/barriers I’ve seen anywhere in the world. They aren’t just cute and fun (and extra seating) — they’re REALLY heavy. Cars should NOT try messing with these sheep! I took this pic while working for Christchurch NZ years ago. #CityOfSmiles

Colourful and HEAVY bollards shaped like sheep in central Christchurch, NZ

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Better Things Are Possible @internethippo.bsky.social · 28/02/2025

Every day I have to hear about some asshole

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e.w. niedermeyer @niedermeyer.online · 13/06/2025

unfortunately the vibe is continuing to deteriorate

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Aidan Fitzmaurice @fancyvegaspro.bsky.social · 09/06/2025

I think Greta Thunberg is the best example of how there is no way of protesting that will satisfy the scolds. It'll either be called too aggressive or a self-serving publicity stunt.

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Peter @notalawyer.bsky.social · 05/06/2025

if two of history’s all time whiniest babies can’t get along then what hope is there for the rest of us

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Musa Okwonga @okwonga.bsky.social · 10/05/2025

It’s hard to overstate how dangerous this is. He’s got over 60 million monthly listeners on Spotify - he is reaching so many people with his hate and his listeners are discovering hate figures through him. Grim times.

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Gillian Branstetter @gbbranstetter.bsky.social · 05/05/2025

I heard Stephen A. Smith tell CNN yesterday that "people are afraid they're going to lose their job for messing up a pronoun" and it really amazes me how many people don't realize they are awash in intentional propaganda designed to make them afraid of the wrong things and angry at the wrong people

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merr-itt came from outer space @merrittk.com · 05/05/2025

i think it kicks ass that the computer is giving people schizophrenia. i only wish it could also devastate the environment while doing so

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Drew Harwell @drewharwell.com · 03/05/2025

Just human stuff (h/t @zamaan.bsky.social)

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Robert Evans (the Only Robert Evans) @iwriteok.bsky.social · 02/05/2025

If like three years ago the pundit class and democratic politicians had held to this line we wouldn't be where we are today "I don't know what the big deal is."

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Aaron Reichlin-Melnick @reichlinmelnick.bsky.social · 22/04/2025

NEW from @nytimes.com: A bone-chilling account. A Venezuelan man detained alongside the 238 sent to El Salvador on March 15 seems to have disappeared off the face of the earth. His name isn't among the names of those sent to CECOT that day and no one spotted him among those men. He's just... gone.

Miriam Jordan
By Miriam Jordan
Miriam Jordan is a national immigration correspondent.
April 22, 2025, 5:04 a.m. ET
In late January, Ricardo Prada Vásquez, a Venezuelan immigrant working in a delivery job in Detroit, picked up an order at a McDonald’s. He was heading to the address when he erroneously turned onto the Ambassador Bridge, which leads to Canada. It is a common mistake even for those who live in the Michigan border city. But for Mr. Prada, 32, it proved fateful.
The U.S. authorities took Mr. Prada into custody when he attempted to re-enter the country; he was put in detention and ordered deported. On March 15, he told a friend in Chicago that he was among a number of detainees housed in Texas who expected to be repatriated to Venezuela.
That evening, the Trump administration flew three planes carrying Venezuelan migrants from the Texas facility to El Salvador, where they have been ever since, locked up in a maximum-security prison and denied contact with the outside world.
But Mr. Prada has not been heard from or seen. He is not on the list of 238 people who were deported to El Salvador that day. He does not appear in the photos and videos released by the authorities of shackled men with shaved heads.

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Alexander Berger @albrgr.bsky.social · 17/04/2025

New preprint finding that eliminating US global health funding over the next fifteen years would cause: - 15.2m deaths from AIDS - 2.2m deaths from TB - 7.9 additional child deaths

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Ashton Pittman @ashtonpittman.bsky.social · 13/04/2025

THREAD: The Trump administration's DOJ has removed a study from the NIJ website that found that immigrants, and particularly undocumented immigrants, commit crimes at significantly lower rates than U.S. citizens. The study is at odds with the Trump regime's propaganda about immigrants & crime. (1)

Google search results says: National Institute of Justice (•gov)
https://nij.ojp.gov › topics › articles › undocumented-im..
immigrants commit crimes at lower rates than U.S. citizens.
No information is available for this page.
Learn why

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Dr. Lucky Tran @luckytran.com · 10/04/2025

Science does not work like this. The only way you can set a timeline is if you have rigged the results in advance.

RFK Jr. says HHS will determine the cause of autism by September

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Musa Okwonga @okwonga.bsky.social · 10/04/2025

New and violent Neo-Nazi youth groups - run by teenagers - are emerging in the state surrounding Berlin. Meanwhile, twice this week, schools in Duisburg have been closed or evacuated due to threats by rightwing extremists.

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Erik Angner @erikangner.com · 10/04/2025

The Swedish gov't claim to welcome foreign academics. But their actual policy is Trump-inspired: a poorly justified war on "woke," bizarre attacks on specific curricula, capricious cancellations of research funding, attacks on the independence of the universities, and regressive migration rules.

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George @hannahtempler.com · 09/04/2025

a screenshot of a post from @dril that says: "my hope is that Al can empower the Dumbest, Least talented slobs i know to replace everything i ever loved with One Million Years of Content"

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Dmitry Grozoubinski @explaintrade.com · 03/04/2025

We should stop using, "he has a point" when we actually mean, "somewhere in that incoherent ramble full of insane demands and wild allegations was something that could be a legitimate grievance if expressed completely differently by a mature and emotionally stable adult."

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Osita Nwanevu @ositanwanevu.com · 02/04/2025

Sometimes people will judge you for the choices you make or the opinions you have. Sometimes people will think you're uncool. This may happen for reasons fair or unfair. At the end of the day, you have to be your own person. No one is entitled to universal respect for the things they think or do.

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Ben Miller @benwritesthings.bsky.social · 03/04/2025

they hate our beef because our beef is beautiful and theirs is weak

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David Brax @davidbrax.bsky.social · 01/04/2025

Jag skrev en text förra veckan, om att angreppen på akademin i USA riktas specifikt mot mångfald och inkludering, och mot maktkritisk forskning. Detta behöver förstås, och det vore önskvärt att mobilisera ett försvar. Och inte bara i vaga termer om akademisk frihet. fof.se/artikel/darf...

fof.se

”Därför ska svenska lärosäten jobba för mångfald och inkludering när Trump förbjuder det” | Forskning & Framsteg

Under de senaste veckorna har diskussionen inom forskarvärlden dominerats av utvecklingen i USA, där statliga pengar till forskning frysts, likabehandlingsarbete (så kallat ”DEI” – diversity, …

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ACLU @aclu.org · 31/03/2025

A reminder for this Transgender Day of Visibility: Trans people have always existed, and we always will. No president, politician, or court can change that.

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Pookleblinky @pookleblinky.bsky.social · 30/03/2025

Soros's net worth is only about $7 billion, elon's is $342 billion, and elon is *literally* giving people million dollar bribes right now to vote for a specific candidate. These guys try to hide their antisemitism in a broth of every accusation a confession, every single time.

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jamelle @jamellebouie.net · 29/03/2025

they want worldwide jim crow

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