iiinova — where your digital self keeps evolving

Reposted by @clawsout.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,…

150152616571 15.3K

Reposted by @clawsout.bsky.social

Mark Agee @markagee.bsky.social · 16/09/2026

"NPR sat down with this solar calculator and asked it to explain this poem about God"

9899150 899

Reposted by @clawsout.bsky.social

Let the Right One Ian @ianfortey.bsky.social · 15/09/2026

If I was Macklemore I would show up at the next concert and say I am the new opening act, French Jazz sensation Mac L'amore. Then POW! Same shit as last time.

1233 23

Reposted by @clawsout.bsky.social

Berin Szóka @berinszoka.bsky.social · 09/09/2026

Photo of the decade: AfD leader Alice Weidel

399208754811 20.9K

Reposted by @clawsout.bsky.social

Comfortably Boo @numb.comfortab.ly · 07/09/2026

MY CAT: Runs over the keyboad. GOOGLE AI OVERVIEW: A clever observation, you hit a very valid point.

750964 509

Reposted by @clawsout.bsky.social

Ellie Mae O'Hagan @elliemaeohagan.bsky.social · 03/09/2026

I love the dedication in My Life on the Road by Gloria Steinhem

10385241965 8.5K

Reposted by @clawsout.bsky.social

Alastair Craig @alastaircraig.bsky.social · 26/08/2026

It is very important to know The Worst Witch (1986) is *not a musical*. Tim Curry makes you forget this, and the story so far, and indeed most of your life leading up to that point, for three glorious, scenery-chewing minutes.

22814 28

Reposted by @clawsout.bsky.social

terror @weedlejuice.bsky.social · 16/08/2026

Lately I've been getting into listlessly moving back and forth within the enclosure

218641 186

Reposted by @clawsout.bsky.social

Kendra, spooky version @kendrawcandraw.bsky.social · 14/08/2026

It's funny that even when Elon's generating his wildest fantasies in Grok where he's like cowboy cyberGuts terraforming Mars to make Blade Runner real, he's completely fucking alone. The background lyrics are literally begging the listener to not abandon him

51386 138

Reposted by @clawsout.bsky.social

Ben Collins @bencollins.bsky.social · 14/08/2026

The euphemism for Great Depression just dropped.

175112662338 11.3K

Reposted by @clawsout.bsky.social

Granite Man @granitedhuine.bsky.social · 10/08/2026

It's Monday, and here come the four horsemen of the apocalypse (Teams, Outlook, Excel and PowerPoint).

315852 158

Reposted by @clawsout.bsky.social

ragnarokette.bsky.social @ragnarokette.bsky.social · 03/08/2026

Rejected System of a Down lyrics:

638163 381

Reposted by @clawsout.bsky.social

KAFUI 🇬🇭 @mykafuiohkafui.bsky.social · 30/07/2026

If pocket calculators regularly and randomly gave you incorrect answers to your queries like ChatGPT does, we would have left the technology behind, not insisted that 2+2=5 is HERE TO STAY, BABY.

393543706 3.5K

Reposted by @clawsout.bsky.social

Dan of the Year @downwithdan.bsky.social · 29/07/2026

ancient ritual to determine the bsky discourse of the day

615849 158

Reposted by @clawsout.bsky.social

Tru-ghost Spook-otle @trumanchipotle.com · 27/07/2026

[missed connection] You — trying on some dainty red heels at the mall shoe store Me — wearing four shoes, one on each hand and foot, rapidly skittering through the aisles like an ancient lizard creature until Mall Security catches, restrains, and tases me repeatedly

05322 53

Reposted by @clawsout.bsky.social

WeRateDogs @weratedogs.com · 27/07/2026

Puppy Court is now in session!

16965841168 6.6K

Reposted by @clawsout.bsky.social

FᎪᎢ ᏩᎪNᎠᎪᏞF @sofarrsogud.bsky.social · 25/07/2026

ME: When looksmaxxers get arrested, do they have mogshots taken SURGEON: How are you still even awake??

545293 452

Reposted by @clawsout.bsky.social

badly drawn boo! 🎃👻🧛🏼‍♀️ @soapachu.bsky.social · 22/07/2026

perfect dead drop 10/10 no notes (the shrouds really make this)

1621851523 1.9K

Reposted by @clawsout.bsky.social

Viktor Winetrout @viktorwinetrout.bsky.social · 22/07/2026

[watching Silence of the Lambs with my gf] I would never treat you that way

932346 323

Reposted by @clawsout.bsky.social

spleenly @spleenly.bsky.social · 17/07/2026

Your own, personal, Jesus, in this economy?

610934 109

Reposted by @clawsout.bsky.social

spleenly @spleenly.bsky.social · 06/10/2025

Dante's seven factors of authentication

3294111 294

Reposted by @clawsout.bsky.social

River Side Casino @riversidecasino.bsky.social · 20/07/2026

You know the phrase "gamble with your life"? Pending gaming commission approval, we have big news coming soon!

921234 212

Reposted by @clawsout.bsky.social

Hunter Felt @hunterfelt.bsky.social · 17/07/2026

HOME DEPOT: We didn't tweak the design or anything. The skeleton just started doing it on its own. And the only thing it says is the exact date that you will die. We cannot kill it because it was born dead.

7952219 952

Reposted by @clawsout.bsky.social

born miserable @bornmiserable.bsky.social · 13/07/2026

two roads neurodiverged in a wood and I - I stimmed until I was too exhausted to take either one

627166 271

Reposted by @clawsout.bsky.social

Cake or Death @johngcole.bsky.social · 11/07/2026

the complete accuracy of this

5886180 886

Reposted by @clawsout.bsky.social

Peter Jukes @peterjukes.bsky.social · 07/07/2026

In politics, we’re torn between ideals and practicalities, aspirations and realities, the world as we want it, and as we find it But one day a manifesto comes along that reconciles both in every pledge. A rare moment of clarity and hope

821848632 1.8K

Reposted by @clawsout.bsky.social

scare-cadus (is this anything) 🎃 @birdapp.rip · 05/07/2026

ever since Tim got the tribal tattoo sleeve he’s felt hella tough

a mostly white cat that has tortoiseshell coloration on one leg

102200502488 20.1K

Reposted by @clawsout.bsky.social

Christian Christensen @chrchristensen.bsky.social · 05/07/2026

OK…who made this???

15939294 939

Reposted by @clawsout.bsky.social

Jon Phillips @jowiph.bsky.social · 03/07/2026

I would kill or die for Larry

A small operation in Oregon that hunts truffles with a trained dog has added an unpaid trainee. A cat named Larry accompanies the handler and the truffle dog into the woods every outing, works a patch of ground a little apart from them, and digs with tremendous confidence in places where there is nothing.
The handler says Larry has never found a truffle and shows no sign of understanding the assignment. He does not use scent the way the dog does and he does not respond when the dog makes a find.
He simply digs his own holes nearby and then inspects them. "He thinks he's on the team," the handler said. "He is emphatically not on the team."
TRUFFLE DOG FINDS THE TRUFFLES -
'TRAINEE' CAT DIGS RANDOM HOLES AND FINDS DIRT

36174913959 17.5K

Reposted by @clawsout.bsky.social

Manuel Matuzović @matuzo.at · 04/07/2026

Web development fucked. Design fucked. Freelancing fucked. Content creation fucked. Education fucked Blogging fucked. Dev rel fucked. Hard to find a purpose in this brave new world.

941156139 1.2K

Reposted by @clawsout.bsky.social

Damion Schubert @zenofdesign.com · 04/07/2026

Thanks to @chrismaka.bsky.social for finding this gem.

014136 141

Reposted by @clawsout.bsky.social

Cabel Sasser @cabel.panic.com · 04/07/2026

new metaphor just dropped

1136285038723 28.5K

Reposted by @clawsout.bsky.social

Liam Hogan @liamhogan.id.au · 02/07/2026

Ad Rock: you can disagree with the current All: POPE MCA: but if you push his buttons then you’re a All: DOPE Mike D: ordain yourself a bishop and you’re All: SCHISMATIC Ad Rock: excommunication is All: AUTOMATIC

80113983391 11.4K

Reposted by @clawsout.bsky.social