iiinova — where your digital self keeps evolving

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Jake Grumbach @jakemgrumbach.bsky.social · 12h

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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old roadside pics @roadside.xor.blue · 44m

warner theater, 2015 boardwalk, atlantic city, new jersey, 1985

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danielleri @danielleri.bsky.social · 8h

another lil' @lospec.com pixel daily, for *skull* lospec.com/palette-list...

graveyard scene with a skull sitting on a tombstone, with a dilapidated fence and creepy tree in the background

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danielleri @danielleri.bsky.social · 8h

haha, same, and thank you for enjoying them!!

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danielleri @danielleri.bsky.social · 9h

did another quick @lospec.com pixel daily from my vast backlog, this one for *mountains* with a coffee creamy palette lospec.com/palette-list...

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GB Studio Central @gbstudiocentral.com · 13h

It's that wonderful time of year again, the GB Pixel Art Jam 2026 starts soon! Check out our news release for this super laid back and fun jam: gbstudiocentral.com/news/gb-pixe... #gameboy #pixelart #artjam

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Ponk @ponkpixels.itch.io · 15h

a lil Castle for #spooptober 64x64px 5 colors #pixelart

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tine @tine5.bsky.social · 17h

Herugavialis cairensis, a new species of crocodile, was identified from fossils found in the 45-million-year-old Mokattam Formation in Egypt #pixelart #ドット絵 #SciArt #paleoart #crocodile

Pixel art of Herugavialis cairensis, a crocodile species that lived in Egypt around 45 million years ago when there were shallow seas covering a large area of the country. There are two individuals, on in the lower left in shadows and one in the middle right more brightly lit. Both have a greenish colour, bright eyes and their long narrow snouts open. They are on the edge of a body of water with palm-like plants in the background and several rocky outcrops nearby.

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kiwibean! @kiwibeangirl.bsky.social · 11h

kiwi witch sprite on a brush broom! with my bat friend and ghosty jellyfish friend!! #ドット絵 #pixelart #kiwisuper6 #animation

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danielleri @danielleri.bsky.social · 13h

Did a really quick @lospec.com pixel daily for *royal* -- this palette was very fun lospec.com/palette-list...

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D Lavoie @djlavoie.bsky.social · 09/10/2026

Anyone firing into a car with a 5-year-old inside is major news.

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D Lavoie @djlavoie.bsky.social · 09/10/2026

There was a 5-year-old in the car and it isn't in the headline or subhed.

ICE Agent Shoots and Wounds Man in New
York City
Federal officials said that they were attempting to take into custody an undocumented Dominican immigrant. They did not indicate what prompted the shooting.
5 MIN READ
• ••

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NOP @noppixels.bsky.social · 06/10/2026

Old animations! Probably the first time I animated a waterfall

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NOP @noppixels.bsky.social · 07/10/2026

crab time

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danielleri @danielleri.bsky.social · 09/10/2026

Lmao maybe I’m just OLD but I absolutely saw this as 1999 Liam Neeson’s worst haircut over here

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danielleri @danielleri.bsky.social · 09/10/2026

Is Clayton Biddle over here rocking a… Lego Qui Gon Jinn portrait?

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Evil John 2: John By Dawn @johnryanwrites.bsky.social · 09/10/2026

Black Mirror: USS Callister

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danielleri @danielleri.bsky.social · 09/10/2026

Beautifully written and honest. While my own situation (re: leaving a job) is very different, the aspects about mental health and burnout strike very, very close to the bone here.

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Riley MacLeod @rcmacleod.bsky.social · 08/10/2026

Would like to point out that I and my Kotaku colleagues called this in 2021 kotaku.com/fortnite-x-b...

Fornite x Beowulf
Fortnite x Wuthering Heights
Fortnite x The Outsiders
Fortnite x Of Mice And Men
Fortnite x The Great Gatsby
Fortnite x Pride And Prejudice

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NY Times Pitchbot @nytpitchbot.bsky.social · 08/10/2026

My kids have measles, I can’t afford diesel, I lost my job, and my country just lost a war to Iran. But at least now I can watch firing squad executions on TV.

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🦇 SCARE-sha 🦇 @spacethey.gay · 08/10/2026

everyone who said verhoeven was too blunt or hamfisted needs to apologize

Starship Troopers Federal Network commercial advertising a livestreamed execution

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Sam Barlow 🔥 @mrsambarlow.bsky.social · 06/10/2026

Got some Environment Art contract positions coming up soon, so watch this space awesome Unreal environment art people (EU timezones)!

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Aaron Reichlin-Melnick @reichlinmelnick.bsky.social · 08/10/2026

Just today: - The Trump admin announced the first public execution since 1936. - Trump tried to incite a race war against Somalis. - Trump said anyone using the phrase AI is "THE ENEMY" - The NYT reported on a potential ICE plan to deport migrants on military boats and ferries.

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Katherine Alejandra Cross @quinnae.com · 08/10/2026

This is a moral atrocity and it needs to be loudly condemned as such. There is a reason that democracies *don't* do publicly televised executions (and why many don't execute people at all): it inculcates and rewards bloodthirst, which corrupts the spirit and corrodes the foundation of the polity.

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NYCLU @nyclu.org · 08/10/2026

ICE out of the Bronx. ICE out of New York. ICE out - now.

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Morgan Park @morganpark.bsky.social · 08/10/2026

I talked to 21-year-old(!) dev behind the impressive P.T. native PC port that released this week, and learned he did not actually play P.T. back in the day because he was *checks notes* nine years old 💀 www.pcgamer.com/games/horror...

pcgamer.com

Why a 21-year-old coder finally ported the real P.T. to PC: 'That something so influential could eventually become unplayable never sat right with me'

Not emulation or a remake, a native PC port of Kojima's horror classic has arrived.

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Cailín Walsh 🍀 @cailin.dev · 08/10/2026

Margaret Hamilton is a legit inspiration and a true legend. RIP.

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Julia Métraux @juliametraux.bsky.social · 08/10/2026

Looking for an employment lawyer who has supported people with Long Covid for an article I'm working on who would have 15 minutes to speak Monday-Wednesday next week. Please reach out at jmetraux@motherjones.com

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Cicada Games @cicadagames.bsky.social · 08/10/2026

🌊🌴Isles of Sea and Sky🌴🐢 is OUT NOW on Nintendo Switch!!! Wow!! A fantastic, oceanic, open world puzzle adventure. www.nintendo.com/us/store/pro... If you haven’t played yet, now is the time!

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Batfeula @batfeula.bsky.social · 23/09/2026

Lisa Simpson's room

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Nick Suttner @nsuttner.bsky.social · 08/10/2026

I gave Braid an A+ back in my press days. I spent 100s of hours working on The Witness at PlayStation, fighting for it, getting it into conferences, and being Jon's personal wrangler. I even coined "Metroidbrainia" after it. I will not be buying Order of the Sinking Star, and neither should you.

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danielleri @danielleri.bsky.social · 08/10/2026

and a teeny one for *otter* lospec.com/palette-list...

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danielleri @danielleri.bsky.social · 08/10/2026

Had time for a couple of very quick @lospec.com pixel dailies today, here's one for *car* lospec.com/palette-list...

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Cecihoney[VGEN] - commissions open @cecihoney.bsky.social · 08/10/2026

And on to Zeta starting with the #Gundam MKII ! Really love the design! And here in both Titans colors (best color sceme), AEUG colors and #1bit how I made it at first xD #pixelart #ドット絵 #mecha #メカ

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Bruno Dies @brunodias.dev · 08/10/2026

the games industry is being actively killed and microsoft and nvidia are financing the killing

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Phil Salvador @philsalv.bsky.social · 07/10/2026

Hi folks-- We're starting on our next indexing project, and we're building our volunteer team! If you have some degree of Japanese fluency and want to help index periodicals for VGHF, hit me up here

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Evan Urquhart @evanurquhart.bsky.social · 07/10/2026

In summary, this technology is a blight. We're sleepwalking into normalizing it bc we're scared of sounding too extreme. Enough.

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