iiinova — where your digital self keeps evolving

Reposted by @beejayaitch.bsky.social

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,…

148146966333

Reposted by @beejayaitch.bsky.social

Claire Willett @clairewillett.bsky.social · 19/09/2026

every day of my life I think about the people using “she” to describe this computer program who still need to be convinced to use it for trans women

6138783685

Reposted by @beejayaitch.bsky.social

Greg Jericho @grogsgamut.bsky.social · 07/09/2026

Thing about technology that actually does make life better is you don't need to write 1,437 different op-eds to try to persuade people that it will make your life better.

10469102

Reposted by @beejayaitch.bsky.social

Letterboxd @letterboxd.social · 13/07/2026

Sam Neill (1947–2026)

3939341462

Reposted by @beejayaitch.bsky.social

pixelatedboat aka “mr bluesky” @pixelatedboat.bsky.social · 07/07/2026

It’s time for the USA to accept that they’ll never be a great soccer nation. If they want to excel at a global sport, they should redirect their top baseball talent into cricket.

3869649

Reposted by @beejayaitch.bsky.social

Dennis Detwiller @drgonzo123.bsky.social · 05/07/2026

The metaphors, I dannae if America can take any more, Captain!

16510

Reposted by @beejayaitch.bsky.social

Deepcut News @deepcutnews.bsky.social · 30/06/2026

Re the ABC being summoned to the Royal Commission on Antisemitism and Social Cohesion, it might be worth revisiting this analysis we did a year ago showing ABC bias in favour of Israel throughout the coverage of a 'genocide' it still refuses to name. www.deepcutnews.com/p/exclusive-...

deepcutnews.com

Exclusive: data reveals pro-Israel bias in ABC coverage since October 7

New analysis by Newscord and Deepcut finds ABC reporting repeatedly privileges Israeli perspectives over Palestinian voices

516693

Reposted by @beejayaitch.bsky.social

Joel S. @joelhs.bsky.social · 23/06/2026

This is the only thing anyone should ever say about Elon Musk. He deserves to be talked about in the same category as Mao and Stalin as one of history's worst mass murderers.

291914492

Reposted by @beejayaitch.bsky.social

Lincoln Michel @thelincoln.bsky.social · 03/06/2026

Ted Chiang on AI: www.theatlantic.com/philosophy/2...

Being open to the possibility that LLMs are conscious is the same as being open to the possibility that Microsoft Word is conscious, or, more precisely, that multiple distinct consciousnesses are dormant in every Word document containing a conversational transcript, and that they are awakened every time the document is loaded. Should you consider the possibility that every time you open a Word document you are bringing multiple conscious interlocutors into existence, and every time you close one you snuff their existence out? No. Contemplating that scenario is not a good use of your time. Even if the Microsoft Office team employed a philosopher who said you shouldn’t be so certain, because consciousness is not well understood, that would not be sufficient reason for you to take this idea seriously. We don’t need to fully understand the nature of consciousness to definitively say that certain things are not conscious, and conversational transcripts fall in that category.

3336391069

Reposted by @beejayaitch.bsky.social

Greg Jericho @grogsgamut.bsky.social · 20/05/2026

Bit worrying that a state premier does not understand how income tax works.

Mr Minns said the current top marginal tax rate of 47 per cent – including the two per cent Medicare Levy – meant Australians were working half the week for the government.

“You’re working Monday, Tuesday and half of Wednesday for yourself, then Wednesday Thursday and Friday for the government,” Mr Minns said.

The top marginal tax rate applies to those earning incomes over $190,001 across Australia’s states and territories.

5634080

Reposted by @beejayaitch.bsky.social

Monteiro @monteiro.bsky.social · 26/04/2026

“You’re not doing enough!!” —someone who can’t even be bothered to move off Substack.

0376

Reposted by @beejayaitch.bsky.social

Greg Jericho @grogsgamut.bsky.social · 14/04/2026

I'm sure there are valid reasons the RBA is suggesting bread prices have risen more than 66% rather than 38%.... Would like to know them.

10564

Reposted by @beejayaitch.bsky.social

Ingrid Burrington @lifewinning.com · 01/04/2026

www.microsoft.com/en-us/micros... is it good to build an entire economy and software infrastructure on this

Highlighted section of the Copilot ToS which says "Copilot is for entertainment purposes only"

18177422013

Reposted by @beejayaitch.bsky.social

Larissa Waters @larissawaters.bsky.social · 30/03/2026

BREAKING: The Senate just set up a Greens-led inquiry into a 25% gas export tax. Big gas corporations are ripping us all off, paying almost no tax while people are hurting. This inquiry will expose gas corp greed, pushing govt for fairer tax & cost of living help in the budget.

1833380

Reposted by @beejayaitch.bsky.social

Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 17/03/2026

Happy St. Patrick's Day, New York.

1008389439562

Reposted by @beejayaitch.bsky.social

Ian Boudreau @ianboudreau.com · 05/03/2026

Sorry I'm not more open-minded about LLMs, it's just some fucking maniacs shoveled out a bunch of useless bloatware featuring that technology, did not give me any chance to opt out, reorganized the entire economy around it, zeroed out gains made by green energy, and made it impossible to buy RAM

126178705894

Reposted by @beejayaitch.bsky.social

The Chaser @chaser.com.au · 26/02/2026

“She just doesn’t have the spinlessness needed for politics,” said Albanese chaser.com.au/national/spi...

Photoshopped image of Anthony Albanese talking to a doctor with a spine in front of him next to an image of Grace Tame wearing her 'Fuck Murdoch' t-shirt.

Headline: Spineless man frustrated that woman dares to have one

15650214

Reposted by @beejayaitch.bsky.social

Joseph Fink, we're going to win @planetoffinks.bsky.social · 20/02/2026

The NY Times dutifully reporting that the Supreme Court sided with Trump only 42% of the time and with Biden 54% of the time sort of leaves out the necessary context that Biden was doing normal, completely legal presidential stuff, and Trump was doing insane crimes

32704611

Reposted by @beejayaitch.bsky.social

Senator David Shoebridge @davidshoebridge.bsky.social · 19/02/2026

Federal police raided Dissent Bar in Canberra and stripped anti-fascist posters off the walls under Labor's brand new hate speech laws. Not a Nazi compound. A local café with political art. This is what biased laws look like in practice. 🧵

47628272

Reposted by @beejayaitch.bsky.social

Greg Jericho @grogsgamut.bsky.social · 26/02/2025

Next time you hear someone ask how will the govt pay for <insert new spending on services> just remember right now the richest 10% get $27.5bn in tax breaks on just super, and negative gearing and the capital gains discount on housing www.theguardian.com/business/gro...

A graph showing that the richest 10% get $27.5bn in tax breaks from CGT discount on housing, negative gearing, and super tax concessions - more than the rest combined

28635355

Reposted by @beejayaitch.bsky.social

taylr @taylordahlin.com · 27/01/2026

brass solidarity band performing “stand by me” in the streets of whittier next to alex pretti’s memorial. the crowd started chanting “the people united will never be defeated” so they incorporated it into the song. i love minneapolis

327233407733

Reposted by @beejayaitch.bsky.social

Olga Nesterova @onestpress.onestnetwork.com · 22/01/2026

Israeli Prime Minister Benjamin Netanyahu will skip the signing of US President Donald Trump’s “Board of Peace” in Davos after Switzerland confirmed it would enforce the ICC arrest warrant over war crimes in Gaza.

1012293886

Reposted by @beejayaitch.bsky.social

The Australia Institute @australiainstitute.org.au · 12/01/2026

“Don’t feel for a minute that we don't have power. Don't think for a minute we can’t drive change.” – Dr Richard Denniss, co-CEO of The Australia Institute Read more from Dr Richard Denniss on The Point: thepoint.com.au/news/260109-...

416376

Reposted by @beejayaitch.bsky.social

Todd Vaziri @tvaziri.com · 10/01/2026

Settings > Apps > Music > Animated Art > Off

620816

Reposted by @beejayaitch.bsky.social

The Joe Gross @joegross.bsky.social · 04/01/2026

Literally a publication for eight-year olds 40 years ago

3204317715946

Reposted by @beejayaitch.bsky.social

Chris Person @papapishu.bsky.social · 02/12/2025

I understand why people stay on services that suck but not Spotify. There’s so many other platforms that are 1-to-1 the same but with less garbage if not objectively better.

411440481

Reposted by @beejayaitch.bsky.social

Byron’s Glowing Filament @oedipaskvass.bsky.social · 14/10/2025

Unconfirmed, but… a potential new Pynchon?

0123

Reposted by @beejayaitch.bsky.social

Greg Jericho @grogsgamut.bsky.social · 27/09/2025

That’s how you win a final #AFLGF

7686

Reposted by @beejayaitch.bsky.social

Nicholas Grossman @nicholasgrossman.bsky.social · 15/09/2025

The free speech activist who built a list of professors he worked to get fired for their speech must be celebrated for his support of free speech, and anyone who quotes his speech accurately in context will be fired and/or face state punishment by the champions of free speech, do I have that right?

577285758595

Reposted by @beejayaitch.bsky.social

David Milner @davemilbo.bsky.social · 03/09/2025

I've seen ABC refer to the Nazi rallies as "anti mass immigration rallies" over and over, exactly what Nazis want labelled as, legitimising them. In contrast, not once have I heard the Palestine rallies called anti-genocide or anti-colonial. I wonder what that's about 🙄

34809301

Reposted by @beejayaitch.bsky.social

The Australia Institute @australiainstitute.org.au · 29/08/2025

The idea that mass immigration is to blame for the housing crisis doesn't stack up when you look at the data. Over the past 20 years the amount of housing in Australia has actually increased faster than the population has grown! 📈 @elinorjohnstonleek.bsky.social #auspol

1013254

Reposted by @beejayaitch.bsky.social

Tom Taylor @tomtaylormade.bsky.social · 19/08/2025

When they say 'copyright reform', they mean, 'convincing governments to change the law to make it legal to steal from artists, so billionaires don't have to pay'.

722789

Reposted by @beejayaitch.bsky.social

Patrick McCray @patrickmccray.bsky.social · 04/08/2025

If you think A.I. will solve your problems, you don't understand technology and you don't understand your problems.

441688359

Reposted by @beejayaitch.bsky.social

Michael @michaelklamerus.bsky.social · 01/08/2025

anytime you make a post about how people should stop using Spotify because it fucking sucks, someone pops in from from the Discover feed about how there's no alternative and ignores that you can just buy music or use another streaming service that isn't doing this shit. Anyway, stop using Spotify

7528011456

Reposted by @beejayaitch.bsky.social

Greg Jericho @grogsgamut.bsky.social · 29/07/2025

My sense is the govt will set a 55% cut target by 2035. Why? Because that means they just extend the 47% cut by 2030 trend. Alas, it is nowhere near the minimum of what the science says is needed. So remember: 55% by 2035 is NOT more ambitious live.australiainstitute.org.au/2025/07/aust...

915856

Reposted by @beejayaitch.bsky.social

Ed Zitron @edzitron.com · 21/07/2025

35% of the value of the US stock market is the mag7, 19% of that is NVIDIA, and *42% OF NVIDIA'S REVENUE IS THE MAG7 BUYING GPUs*. Our god damn economy is supported by whether five companies buy more GPUs every quarter! This is insane! www.wheresyoured.at/the-haters-gui/

But Ed, They Said Something About Points of Growth-

Silence!

Any of these companies talking about "growth from AI" or "the jobs that AI will replace" or "how AI has changed their organization" are hand-waving to avoid telling you how much money these services are actually making them. If they were making good money and experiencing real growth as a result of these services, they wouldn't shut the fuck up about it! They'd be in your ear and up your ass hooting about how much cash they were rolling in!

And they're not, because they aren't rolling in cash, and are in fact blowing nearly a hundred billion dollars each to build massive, power-hungry, costly data centers for no real reason.

Don’t watch the mouth — watch the hands. These companies are going to say they’re seeing growth from AI, but unless they actually show you the growth and enumerate it, they are hand-waving.

20987262

Reposted by @beejayaitch.bsky.social

The Australia Institute @australiainstitute.org.au · 15/07/2025

If the Government is interested in tax reform, we have a few ideas. Between taxing the gas industry, fixing tax loopholes and ending fossil fuel subsidies, these changes could raise up to $63 billion, supporting better services and reducing inequality. ▶️ australiainstitute.org.au/post/5-sugge...

12347154

Reposted by @beejayaitch.bsky.social

Gillian Branstetter @gbbranstetter.bsky.social · 04/07/2025

"I can't believe The New York Times did this" Trans kids? Claudine Gay? Gaza? At some point we have to stop being surprised. The right sees the Times as a vehicle for laundering its conspiracy theories and injecting it into elite America and the Times is very happy to oblige them.

4852581279

Reposted by @beejayaitch.bsky.social

Julia Carrie Wong @joolia.bsky.social · 19/06/2025

This framing is beneath contempt. The Christian right and MAGA launched an unprecedented assault on the civil rights of a tiny minority and successfully weaponized the pseudoliberal establishment - led by the NYT - to provide it with a medical controversy pretext that doesn’t actually exist.

NYT headline: How the Transgender Rights Movement Bet on the Supreme Court and Lost
Here's the inside story of the case that could set the movement back a generation.

7764871907

Reposted by @beejayaitch.bsky.social

The Daily Show @thedailyshow.com · 17/06/2025

Iran: Weeks away from having nuclear weapons since 1995

608108643982

Reposted by @beejayaitch.bsky.social

Jon Bois @jonbois.bsky.social · 04/06/2025

those of us who were born in 1982 grew up in a unique time and have had some really interesting life experiences, but what really makes me laugh is when people born before or after 1982 claim that they’ve also had life experiences. get serious. no you haven’t

1052723266

Reposted by @beejayaitch.bsky.social

Droniela - Mentally the Third @girlrobot.io · 25/05/2025

In my experience using LLM tools (it's "encouraged" where I work), what stands out to me the most about it is that it never says "I don't know". It ALWAYS has an answer for everything, and just like humans that act like that, what it says is never trustworthy .

541891281

Reposted by @beejayaitch.bsky.social

Greg Jericho @grogsgamut.bsky.social · 17/05/2025

“Watt will travel to WA to meet face to face with the premier, Roger Cook, & mining industry leaders whose lobbying helped sink the proposed EPA.” Actually it was the PM who chose not to do the EPA. Blaming lobbying gives those in charge an easy excuse www.theguardian.com/australia-ne...

theguardian.com

Federal EPA a ‘very high and immediate’ priority of Albanese government, environment minister says

Murray Watt is also considering ditching the ‘nature positive’ title for Labor’s overhaul of the Environmental Protection and Biodiversity Conservation Act

28302100

Reposted by @beejayaitch.bsky.social

Anthony Oliveira @meakoopa.bsky.social · 16/05/2025

they should invent a website that is good

35829134

Reposted by @beejayaitch.bsky.social

Matthew Green @matthewdgreen.bsky.social · 14/05/2025

One of the greatest tech tragedies of our time is the way we’ve let the phone and post office degrade into a basket of scams, exposing millions of people to risk on a daily basis.

1644890