iiinova — where your digital self keeps evolving

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Eoin Higgins @eoinhiggins.bsky.social · 14h

In a setback for Dunning Kruger chartboys, a Federal Reserve study reveals that from 2022 to 2025, Americans 75+ saw their wealth jump 37%; those under 35 lost 23%. The poorest 40% of Americans also lost out.

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David_j_roth @davidjroth.bsky.social · 09/10/2026

I need to find the mob movie with a character named Alan Jones in it.

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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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🗽LOLGOP🗽 @lolgop.bsky.social · 09/10/2026

I ask again, why are national Dems letting Elon "quietly" fund these races? We have two test cases. 2024 when Dems didn't make his money an issue. And 2025 Wisconsin, where they did. Guess which time they won by double digits?

wired.com

Elon Musk’s America PAC Is Quietly Funding November’s Most Consequential Elections

America PAC’s approach has been unusual: for every dollar it has spent supporting GOP Senate candidates, it has spent almost three dollars attacking Democrats.

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DougExeter @dougexeter.bsky.social · 11/05/2026

pronounced the word menus as though it rhymes with venus and got kicked out of the restaurant

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leon @leyawn.bsky.social · 09/10/2026

kgb agent already planting a bug inside a pair of rick and morty air jordans

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Orphanotrophos f/k/a Copronymus @orphanotrophos.bsky.social · 08/10/2026

And when a guy fell in a creek in the town I grew up in and died, it's like 400,000 people died, which would make it the 4th deadliest natural disaster in human history

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tinybaby @tiny.baby · 08/10/2026

If someone asked me irl I'd say my biggest fantasy is some sex thing or being even more rich but deep down it's to have an exchange like the Latin phrase battle in Tombstone that goes as well for me as it does for Doc Holliday

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Patrick Cosmos @veryimportant.lawyer · 09/10/2026

There should be a political party that wants to stop this and punish the people doing this

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Faine Greenwood @faineg.com · 09/10/2026

nationalize everything Elon Musk owns.

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Micah @rincewind.run · 08/10/2026

the reason “AI will create so much abundance we will have a utopian society” rhetoric falls so flat is that the people building it will never, ever share their bounty unless it is taken from them and we all know it

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No Escalators @noescalators.bsky.social · 02/10/2025

Some tweets are too perfect to be lost to the other site. @davidjroth.bsky.social

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Suss-- 🥌 @suss2hyphens.bsky.social · 08/10/2026

“No Way To Prevent This,” Says Only Ballpark Where This Regularly Happens

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David_j_roth @davidjroth.bsky.social · 07/10/2026

Now That's What I Call Cops Vol. XVII

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David_j_roth @davidjroth.bsky.social · 07/10/2026

They're just as stressful but much better organized. Say what you will about the tenets of Brewersism but these guys are not running Alcides Escobar out there atop the lineup.

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Gore Vidal Sassoon @jimmyjazz1968.bsky.social · 07/10/2026

Mamdani has unlocked the New Deal magic: fucking do things and fucking tell people about it.

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Erica Ifill @wickdchiq.bsky.social · 07/10/2026

The mayor of Saint-Denis, Bally Bagayoko, literally used himself as a human shield to protect students from police violence

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Anna Merlan @annamerlan.bsky.social · 06/10/2026

As a society, we have forgotten that the phone still works when you hold it up to your ear

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Hamilton Nolan @hamiltonnolan.bsky.social · 07/10/2026

The most important political task in America is clawing back wealth from the very rich. The most important ballot measure in America is the California billionaire tax. Oligarchy is at the front door. Time to stop fucking around. www.hamiltonnolan.com/p/the-war-ag...

hamiltonnolan.com

The War Against Accumulated Capital

Either pass wealth taxes or learn to love digital feudalism.

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Barry Petchesky @barryp.bsky.social · 06/10/2026

Whoever invented the drum fill was really cooking. Hell yeah, here comes a different part of the song.

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The Naked Gun (1988) @thenakedgun1988.bsky.social · 05/10/2026

Hey, it's Enrico Pallazzo!

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Ted McCormick @tedmccormick.bsky.social · 05/10/2026

it takes something special see a man hounded out of his future by politics you've helped legitimize step in front of a truck and then ask how the trucker feels

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David Roberts @volts.wtf · 05/10/2026

Holy shit.

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DougExeter @dougexeter.bsky.social · 05/10/2026

sadly we know where the D went

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Show Pussy On Regular TV @turdguy.bsky.social · 05/10/2026

You can't let Gary Sanchez beat you. Walk him and deal with Chourio. Smart

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Show Pussy On Regular TV @turdguy.bsky.social · 05/10/2026

I absolutely hate when teams figure out a winning bullpen formula during the season and then completely abandon it when the playoffs hit. WHY put Miller in for a 6 out save when he's done that once in his entire career and never as a Padre. Stupid. This is on Stammen, not Miller.

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Lauren Dracula 🧛‍♀️ @beavisetc.bsky.social · 03/10/2026

Went outside in Docs and an olive green jacket with my hair looking kinda messy this morning and realized how thin the line between “lesbian” and “mid 90s Eddie Vedder” is.

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Tom McKay @catturd2.bsky.social · 03/10/2026

they were giving out hundred-dollar bills in Tammany Hall days, man.

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Lauren Dracula 🧛‍♀️ @beavisetc.bsky.social · 01/10/2026

He looks like the dimwitted guy from Pawn Stars.

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The Royal Tenenbaums @theroyaltenenbaums.bsky.social · 01/10/2026

Anybody feel like grabbing a couple of burgers and hitting the cemetery?

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Gwen C. Katz @gwenckatz.bsky.social · 02/10/2026

Things Gavin Newsom has vetoed this week: -A ban on secretly recording people with smart glasses -A ban on ICE agents working for the state government -A ban on websites selling your data -A bill giving native tribes more say over water rights -A bill protecting transgender healthcare providers

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JOE MACLEOD 666 @joemacleod666.bsky.social · 30/09/2026

ALL GAMES ON REGULAR TV FOR ALL PEOPLE SEEING AS WE'RE THE ONES WHO PAY FOR THE FUCKING STADIUMS

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assbutt @nasboat.org · 30/09/2026

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Onion Weigher 🧅⚖️ @onionweigher.hellthread.vet · 30/09/2026

in the 1980's the soviet union was commonly mocked in the west as a gerantrocracy because it was managed by men in their 70's, don't hear much about that these days

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Luke O'Neil @lukeoneil47.bsky.social · 30/09/2026

If you want "personalized music" made just for you pick up a fucking guitar. Or else break the heart of someone who already has.

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Sherrod Brown @sherrodbrownoh.bsky.social · 29/09/2026

NEW AD: Listen to this sh*t.

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Luke O'Neil @lukeoneil47.bsky.social · 29/09/2026

Asshole magazine for shit heads with another heater

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Better Things Are Possible @internethippo.bsky.social · 28/09/2026

It's good that we invented things like "government" and "the economy" but we can't meaningfully participate in them if the people in charge are constantly rubbing in our faces that these things are fake, and in fact you are a naive doofus if you think otherwise. That's a society on life support

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Better Things Are Possible @internethippo.bsky.social · 28/09/2026

Going to work now feels like doing homework after the teacher quit and told the class that education is fake. Everyone just coasting on inertia and hoping there's still a point to all this

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Zombytrope @zoeytro.pe · 28/09/2026

One of the axioms of Marxist economics is that value comes from labor — a steak is worth more than raw beef — and the promise of “AI” is that you can create value without labor. That promise is such a holy-grail wet-dream to the owning class, they’re happy to destroy the world in its pursuit.

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Christopher Mathias @letsgomathias.bsky.social · 28/09/2026

"Journalists may not have much. But we retain the right to call the frauds and bootlickers masquerading as the pillars of the media industry a bunch of scumbags. Truth, after all, comes free." remarkable @hamiltonnolan.bsky.social piece www.hamiltonnolan.com/p/the-free-a...

hamiltonnolan.com

The Free and Unfree Press

Journalism, and its adversaries.

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Sam “The Great Pumpkin” Thielman @samthielman.com · 28/09/2026

“Social media” is a broad attack surface because it’s controlled by two far-right assholes, Elon Musk and Mark Zuckerberg. The rest is cant.

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The Onion @theonion.com · 24/09/2026

Dog Can’t Believe Guy She Hooked Up With 10 Years Ago Now Head Of FBI theonion.com/dog-cant-believe-guy-s…

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dr. rich traditions, JD @helldude.bsky.social · 24/09/2026

we have control mechanisms for this. it's called The Law. these guys should be held personally liable for these harms. the suicides, the thefts, the intrusions into computer systems. they should be sued and prosecuted as appropriate. problem immediately solved

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