iiinova — where your digital self keeps evolving

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James Medlock @jdcmedlock.bsky.social · 6h

I'm taking my "Norway's wealth tax didn't reduce tax revenue" victory lap.

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, nor is there any evidence that the reform induced more bankruptcies. ...

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Alex Elizabeth Byrne McMillan @undeniablyalex.bsky.social · 23/05/2026

YOU’RE LISTENING TO SISYPHUS FM, THE HOME OF NON-STOP ROCK

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Julia Carrie Wong @joolia.bsky.social · 27/09/2026

yes my bull went rogue in your china shop but I think we can all agree there’s no liability here it’s an agentic being

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MapQuest @mapquest.com · 27/08/2026

We’re not changing it.

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Jon Bois @jonbois.bsky.social · 07/07/2026

they just had a world cup yesterday. having all these world cups in a row cheapens the experience

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BUM CHILLUPS AKA SPENCER HALL AKA PRESIDENT FOOTBALL @edsbs.bsky.social · 06/07/2026

he went out without scoring in his final game and hamstrung their entire offense but let's not forget that Cristiano Ronaldo also has to watch Leo Messi continue to make him a historical footnote, too

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Rodger Sherman @rodger.bsky.social · 14/06/2026

If you’re a fan of a sports team A good team A bad team A team that can’t get out of their own way A team that seems like god has cursed them Keep being a fan of that team

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ElieNYC @elienyc.bsky.social · 14/06/2026

Please god let this close the portal to Hell the Cubs opened in 2016

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Wes Burdine @wesburdine.bsky.social · 09/04/2026

BREAKING: Following the American threat of an “Avignon Papacy,” Robert Kennedy has begun a Diet of Worms

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Holly Anderson 🍇 @hollyanderson.bsky.social · 28/03/2026

I would say Mulkey needs to go home and reflect on this but that’s going to be a problem since she doesn’t show up in mirrors

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Retro Blast 👻 @retroblastpod.com · 19/03/2026

If you have the AUDACITY to play video games on "easy" or "story" mode... I want you to know that I think that's a perfectly acceptable way to enjoy a video game that you paid for because you're supposed to enjoy your favorite pastime any way you like. Real life's hard enough. Enjoy your hobby. 🫶

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Ryan Nanni @celebrityhottub.bsky.social · 20/03/2026

67-40 is usually “what the Georgia football player was going-what the speed limit actually was”

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Giles Wilkes @gilesyb.bsky.social · 16/03/2026

Someone needs to send an ambulance to X

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JM =^D @jm539581.bsky.social · 02/03/2026

Well... THAT was a shot!

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Charlie Warzel @cwarzel.bsky.social · 07/02/2026

we gotta open the schools…or close down the schools. not sure. yikes

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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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John Leavitt @leavittalone.bsky.social · 28/11/2025

We belong in a museum

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David Pocock @davidpocock.bsky.social · 19/11/2025

Save the CSIRO Our national science & research agency is now facing more job cuts than under Tony Abbott Call on the Albanese Govt to fund the scientists & research we need to tackle big issues we face from climate to food security and everything in between www.davidpocock.com.au/save_our_csiro

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lauren @lauren.rotatingsandwiches.com · 02/11/2025

peak baseball is indistinguishable from the feeling of hitting your head against a cement wall

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Justin Klugh @justinklugh.bsky.social · 10/11/2024

JOE BUCK: Welcome to the top of the 47th [Sun rises] [Sun keeps getting bigger] BUCK: yes [World engulfed by flames] BUCK: oh god yes

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Jon Bois @jonbois.bsky.social · 07/09/2025

These days, the football game of what’s more and more. In order to champion — when its competition of the ballgame — America is the time for together. And that’s which of the fans. The fans of what it’s most of all. Let’s what it again: the fans of when it’s more.

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Sickos Committee @sickoscommittee.org · 06/09/2025

WE GOT A THICC SIX FOR TEXAS TECH WITH @mikegolicjr.bsky.social ON THE CALL

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Jon Bois @jonbois.bsky.social · 21/05/2025

the nfl should adopt a rollover guys rule that lets you put fewer than 11 guys on the field for any given snap and save those allotted guys for a future play of your choosing. so you could take a knee with 4 guys on first through third downs and then run a 32-guy offense on fourth down

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Rick Morton @squigglyrick.bsky.social · 26/04/2025

Out of money and looking for revenue, BoM executive planned to start charging for some raw climate data until its people sounded the alarm. Meanwhile, the Australian Climate Service it essentially runs is languishing. www.thesaturdaypaper.com.au/news/environ...

thesaturdaypaper.com.au

Exclusive: BoM planned to charge for climate data

The Bureau of Meteorology made plans to charge for access to critical climate data but shelved the plan following concerns from scientists.

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Randall Munroe @xkcd.com · 25/04/2025

PhD Timeline xkcd.com/3081

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Amy Remeikis @amyremeikis.bsky.social · 20/03/2025

For the record, Joe Hockey is a defence lobbyist who stands to make millions from defence contracts with the US and other allies. To just describe him in interviews as a former US ambassador and not his CURRENT vested interest role is not just irresponsible, it's lying.

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Rodger Sherman @rodger.bsky.social · 17/03/2025

The “I’ve never physically hurt anyone” line bothers me so much. USAID cuts are killing kids, DOGE cuts are taking away people’s jobs/health insurance, but bc he’s never punched a guy he thinks he’s OK. Sickening when politicans/elites think they’re morally separated from the death & pain they cause

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Holly Anderson 🍇 @hollyanderson.bsky.social · 06/03/2025

It’s never a bad day to tap the @meganhunt.bsky.social sign either

Nebraska state Senator Megan Hunt standing in front of a sign reading “RESPECT MY TRANS HOMIES OR I'M GONNA IDENTIFY
AS A FUCKING PROBLEM”

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Sandra N @attempt57.bsky.social · 24/02/2025

Now there's a coincidence. #auspol

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Ryan Nanni @celebrityhottub.bsky.social · 16/02/2025

congestion pricing works

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Ketan Joshi @ketanjoshi.co · 14/02/2025

News Corp in Australia are running campaigns to try and incite violence towards Jewish people, and film / report on the incidents - this attempt was botched and now the internal documents planning the provocation in News Corp's system are leaked @crikey.com.au www.crikey.com.au/2025/02/14/n...

The company’s internal database also includes photos taken by photographer Rohan Kelly, including one of Cairo Takeaway owner and restauranteur Hesham El Masry. The file also has instructions describing the assignment brief:

Meet Gussy at Holt Street call on arrival at 9am and head to Newtown for 930am. Undercover Jewish man Ofir Birenbaum sees what it’s like being Jewish in Sydney. Will secretly film with his video glasses. The aim is to walk down main streets in Newtown, Blacktown, Bankstown, Arncliffe (might not do arncliffe it the worst perhaps) and film peopls reactions to this jewish man in their neighbourhood. Needs discreet photos of the guy walking down these streets to accompany the yarn. Speak to pic desk for a brief.

A News Corp source told Crikey that by the morning of February 13, the story had no further progress in News Corp’s backend beyond having had photographs uploaded to it under embargo.

a man wearing dark sunglasses and a white cap with a large blue star of david symbol on it

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Jon Bois @jonbois.bsky.social · 20/01/2025

as much as i love rice, i HATE cooking it. throw a grain into a pot of boiling water, wait, fish it out. throw in another, wait, fish it out. i’m still cooking friday night’s fucking dinner. sorry for the language but i am so over this

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Rodger Sherman @rodger.bsky.social · 16/01/2025

I don’t want to play video games against strangers online. I want to play against The Computer or, occasionally, another human being in the same room as me

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Bryan Hally @bryanhally.bsky.social · 17/12/2024

Josh Donaldson off James Shields at the Oakland Coliseum.

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Holly Anderson 🍇 @hollyanderson.bsky.social · 02/12/2024

🎄 GOOD MORNING, and welcome back to the annual Italian Christmas Donkey Challenge 🫏 The rules are simple: You must find a person who has never heard “Dominick the Donkey” and play it for them: open.spotify.com/track/4EjOn2...

open.spotify.com

Dominick the Donkey (The Italian Christmas Donkey) [with Joe Reisman's Orchestra and Chorus]

Lou Monte, Joe Reisman's Orchestra and Chorus · Fairytale of New York · Song · 2017

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Kristi Yamaguccimane @wapplehouse.bsky.social · 20/11/2024

It’s not that I have an ass that “won’t quit” it’s that it has no reasonable path to retirement in this country

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Ben Gellman-Chomsky @benjgc.bsky.social · 19/11/2024

I just saw this, went into a fugue state, and when I came to I had written this

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@GBDinExile @gbdawkins.bsky.social · 09/11/2024

Beck isn’t even dealership material.

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A L I E N Cerny @alancerny.bsky.social · 06/11/2024

This may be helpful for you new followers. You can block every single person on these lists. Just click on the subscribe button and it will give you the option to block every one on it. Here’s the first: bsky.app/profile/did:...

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the raccoons ate all of my koi @classicmax.bsky.social · 06/01/2024

man what am i even supposed to do here

select all images with the ship of theseus

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Amy @lolennui.bsky.social · 29/12/2023

modern society is so divorced from our food sources that most people who eat pop tarts have never actually killed one themselves

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Jon Bois @jonbois.bsky.social · 12/12/2023

i think for the rest of my life i'm going to play through a rotation of xcom 2, civ, rimworld, and rocket league. occasionally i'll buy a new game, play a couple hours, and then say wait nevermind, you're not xcom 2, civ, rimworld or rocket league

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