iiinova — where your digital self keeps evolving

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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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Brady Brenot @crustaceansoup.bsky.social · 26/08/2026

I don't even work at Torn Banner any more

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Avi Lewis @avilewis.ca · 21/08/2026

Justin Ling is right: “If Ottawa is getting ready to kill the Online News Act, it would complete the dismantling of Canada’s meagre effort to rein in Big Tech.” www.thestar.com/opinion/star...

thestar.com

Justin Ling: Mark Carney may be on the verge of making an unwise concession to Trump

Chatter that the Online News Act is on the table in Canada-U.S. trade talks are an ominous warning sign that Mark Carney is giving up too much.

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Brady Brenot @crustaceansoup.bsky.social · 08/08/2026

"I got fooled by the hype" what are you even talking about, what hype, the hype for what?

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Ben Collins @bencollins.bsky.social · 29/07/2026

TikTok has incredible moderation team. Our InfoWars video about Multiple Horse Theory — the idea that there are many horses in the world and not just one — has been fully deemed misinformation and lost the formal appeals process. Confirmed by Larry Ellison: There is only one horse on Earth.

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Paris Marx @parismarx.com · 24/07/2026

he’s gutting the public sector, he’s holding back on pharmacare deals, he tried to pull money out of daycare, he’s letting two-tier healthcare gain a foothold in alberta, and now he’s coming for public healthcare funding too

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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 22/07/2026

Benjamin Netanyahu is a war criminal.

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Mike Bithell @mikebithell.bsky.social · 21/07/2026

My approach to QA, is I tell my colleagues that the game is ready for video capture for a thing. This encourages the bugs to immediately appear and embarrass me. Easy.

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Dan of the Year @downwithdan.bsky.social · 17/07/2026

Dang they really got a category for everything

THR
The Hollywood Reporter *
@THR
Louis C.K. Wins Grammy for First Special Since Sexual Misconduct Allegations

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Paris Marx @parismarx.com · 16/07/2026

elbows up (against essential parts of the public service)

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Avi Lewis @avilewis.ca · 16/07/2026

Incredibly brazen for the Prime Minister to boast about the “lasting benefits” of expanding fossil fuel production on a day like today. Record-breaking heatwaves. Toxic smoke engulfing cities and towns. Out of control wildfires forcing entire communities to evacuate. /1

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Luke LeBrun @lukelebrun.ca · 15/07/2026

These images of First Nations community members evacuating Collins, Ontario on motorboats are absolutely surreal www.facebook.com/reel/1548244...

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Dave Gray-Donald @dgrdon.bsky.social · 14/07/2026

When @cjpme.org published a report in May detailing the Israeli government's secret and illicit activities to influence Canadian public affairs (a.k.a. foreign interference), it got zero media coverage here. So I looked into it for @TheGrindTO ... 🧵

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Alejandra Caraballo @esqueer.net · 12/07/2026

Amnesty International put out a major report documenting the influence of UK based anti trans gender critical organizations and their funding. Within hours, GC groups threatened defamation lawsuits and Amnesty was forced to pull it down. Proving the point they're anti rights. Anyways, here it is.

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Orchid Hollowheart ⏳🐉 @hollowheart.memoria.moe · 10/07/2026

Friends don't let friends use the Discover feed.

Do you see THIS SHIT?! *picture of the discover feed* Throw it in the *unpin feed* and replace it with THE ONE TRUE SHORT KING *picture of For You with a crown drawn on it*

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The Haunting of the Last House on the Left at the End of the... @finalfuryk.bsky.social · 09/07/2026

Adolescences of Utena (1999) directed by Kunihiko Ikuhara

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Gators Daily 🐊 @gatorsdaily.bsky.social · 01/08/2025

ITS FLAT FUCK FRIDAY ROLL THE CLIP

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Brady Brenot @crustaceansoup.bsky.social · 10/07/2026

> Trump has repeatedly referred to Canada as the “51st state,” angering Canadians and raising tensions between the two countries. He's threatened to annex us. Why can't your media tell it like it actually is? Why can't any of your politicians?

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Patrick De Klotz @patdeklotz.bsky.social · 07/07/2026

THE US HAVING A WHITES-ONLY REFUGEE POLICY SHOULD BE A MUCH BIGGER STORY

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Brady Brenot @crustaceansoup.bsky.social · 04/07/2026

I can't find a really solid number of early revision 360's, but Joystiq had a 90% failure rate of their machines. Everyone I know had at least one die. Catastrophic.

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Rachel Gilmore @rachelgilmore.bsky.social · 03/07/2026

CBC’s The National last night: Top story is the government announcing a new oil pipeline from Alberta and how it placated BC Then a story on the massive heatwave, storms and flooding in Ontario and Quebec Then a story on huge Manitoba flooding after they also dealt with tornadoes and rain 🫠

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Naomi Klein @naomiaklein.bsky.social · 02/07/2026

Everybody in the "climate space" (which means everyone on earth...) needs to understand these mind-blowing figures. Google's "total electricity consumption jumped from 31 terawatt hours (TWh) in 2024 to 43 TWh in 2025." In ONE year. The AI corporate arms race is eating the world.

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Brady Brenot @crustaceansoup.bsky.social · 30/06/2026

Yep, at a clinic. It's one of the various random things that OHIP supposedly doesn't cover. Consultations with him, getting drugs prescribed in person, etc. are covered, but not this

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Brady Brenot @crustaceansoup.bsky.social · 30/06/2026

I'm under OHIP *presently* but every 3 months have to pay $160 for the 5 minute procedure of getting Botox injections from a neurologist, without which I'm completely non-functional (chronic migraine)

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Dr. Pedro Sexypants @dr-sexypants.bsky.social · 25/06/2026

Finalmente a tecnologia sendo usada pelo bem da humanidade

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Fachewachewa @fachewachewa.itch.io · 27/06/2026

The steam video player being so fucking bad is a huge incentive to make a great first impression with trailers. If I'm skipping the first few seconds, there's a good chance the player will buffer for no reason and my curiosity will transform into boredom before I just skip the game.

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Doug Saunders @dougsaunders.bsky.social · 26/06/2026

All right then, so it’s Assless Chaps Night at Lumen Field on Friday. For the actual people of Iran and Egypt.

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Avi Lewis @avilewis.ca · 22/06/2026

Here’s just one of the unprecedented measures the Liberals pushed through at the end of this session: Cabinet ministers will now be allowed to authorize the use of banned pesticides in the name of “national economic security.” Even if they’ve been deemed unsafe for human health. shorturl.at/OlnQl

shorturl.at

Carney government passes law allowing authorization of banned pesticides | CBC News

The federal government has brought in major changes to how pesticides are regulated in Canada, granting cabinet the power to authorize the use of pesticides — even ones that Health Canada has deemed u...

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ℳatt @matttomic.bsky.social · 08/06/2026

Every time my city has a street festival, there are complaints the next day about how crowded it was. And instead of recognizing this as a city's overwhelming demand for more festivals and pedestrianization, the powers-that-be treat it as an excuse to offer fewer festivals due to crowding risks

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Adam Riches @supernorn.bsky.social · 03/06/2026

A while back we had the wonderful opportunity to pitch a Red Dwarf adventure game directly to Doug Naylor himself. While the project didn't end up going ahead, we're now free to share some of the work we produced for the pitch!

A Red Dwarf Adventure game - pixel art showcasing the crew in the cockpit of the iconic Starbug

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Heather McPherson MP @heathermcpherson.bsky.social · 29/05/2026

Israeli forces abused Canadian citizens last week and continue to abuse and torture Palestinian citizens. When will this government impose sanctions on Israel?

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Brady Brenot @crustaceansoup.bsky.social · 22/05/2026

This right after the post about providing support to groups that want to exclude trans people

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Big Joel @bigjoel.bsky.social · 22/05/2026

Sort of remarkable article from the Times. Just calmly responding to a list of obviously politically motivated objections to kristoff’s reporting. “Won’t talking about Israeli rape increase antisemitism?” www.nytimes.com/2026/05/21/o...

nytimes.com

Opinion | Your Questions About Nicholas Kristof’s Column on Palestinians and Sexual Assault

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Brady Brenot @crustaceansoup.bsky.social · 21/05/2026

They're saying the opposite of that

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Kronok @kronok.bsky.social · 18/05/2026

I made this from nothing and textured it in 20 minutes with the new Scythe 0.10 update. It's called "The Texturing Update" for a reason. More below...

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Luke Plunkett @lukeplunkett.com · 18/05/2026

there is no greater hero in the modern world than the "no commentary gameplay 4K" uploader

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Masao Kobayashi @megamasao.bsky.social · 17/05/2026

Along the theme of Japan has a vending machine for everything. Fresh orange juice

A vending machine the dispenses fresh squeezed orange juice

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Cake @theycallhimcake.bsky.social · 17/05/2026

Super excited to show my latest VRChat world: a 1:1 recreation of Mario Bros. Plumbing from the Super Mario Bros. Super Show! ⭐️ Not only can you hang out in a Brooklyn basement like a true plumber, but you can also watch every single episode of the show, including Super Show, 3, and World!

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Brady Brenot @crustaceansoup.bsky.social · 16/05/2026

I also don't know their workflows but keeping more people / work out of the hotfix branch is usually good.

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