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brambleburrs.bsky.social

@brambleburrs.bsky.social

Convoluted and curious. Alert for vicarious book recommendations, intriguing art, music and oddities. Unlikely to reciprocate follows. Occasionally indulging in painted cardboard. Obsessed with TTRPGs.

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Reposted by @brambleburrs.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,…

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brambleburrs.bsky.social @brambleburrs.bsky.social · 03/10/2026

Random VtM concepts. Skyscraper as a modern Tzimisce manse / aerie. Character creation steps structured to match the six traditions. Each choice builds on the character's backstory.

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brambleburrs.bsky.social @brambleburrs.bsky.social · 24/09/2026

I think more good would come from forcing social media companies to purge content older than three years than trying to ban youth.

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brambleburrs.bsky.social @brambleburrs.bsky.social · 17/09/2026

It's been ages since I painted anything. Note that these two are counterfeit junk being reworked into tolerable proxies.

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Chaucer Doth Tweet @levostregc.bsky.social · 16/07/2026

Everye projectioun of the future ys a kynde of storye. And so, yndeed, the fate of the worlde doth depende on the study of the nature of storyes: how thei are made, how thei worke, what thei do, and how thei connect to cultures and ydeas. Funde educacioun yn the humanityes & the HEART disciplines.

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Reposted by @brambleburrs.bsky.social

Welcome to Night Vale @nightvaleradio.bsky.social · 09/04/2026

Get the Night Vale TTRPG starter set pdf (and over 500 other games!) for only $5 by supporting the fundraiser TTRPGs for Trans Rights-Idaho. Back a good cause and get a ton of fun games, but most importantly back a good cause. buff.ly/2QznvFK

At the top black text reads: Check out: Below this are Four game boxes - clockwise from top: Pathfinder, Apocalypse Keys, Welcome to Night Vale, Girl by Moon Light. Black text below the image reads: and over 500 other submissions in the TTRPGS for Trans Rights in Idaho Bundle. bit.ly/transrightsbundle26

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Algeria Worblebot @algeriaworblebot.bsky.social · 11/02/2026

They are trying to tap into the public's impatience. They themselves don't give a shit about the waiting. The reason they don't want it slow is because they don't want it done well. They want the results to be challengeable. They want us to lose faith in the democratic process.

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brambleburrs.bsky.social @brambleburrs.bsky.social · 15/01/2025

On behalf of everyone, anywhere, who needed to waterblast today - I apologise to all the spider friends whom faced a ruinous eviction.

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brambleburrs.bsky.social @brambleburrs.bsky.social · 09/01/2025

Captain Rex Clone Shell. + Neon Bismuth Commander Plate. Alt #mtg

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brambleburrs.bsky.social @brambleburrs.bsky.social · 03/01/2025

Lithoform as Hexcore Alt #mtg Nod to Arcane for an Eldrazi Commander.

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