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BrownBear

@dpconnection87.bsky.social
153 followers 245 following 811 posts
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Reposted by BrownBear
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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unraveled @unraveledpress.com · 29/09/2026
New: We obtained witness videos and surveillance footage showing ICE parking their cars, arresting an observer, and transferring detainees in parking lots across 4 of Chicago's police districts. Local officials have tried banning ICE from city property. But incidents in the lots keep stacking up:
unraveledpress.com
In plain sight: a year of ICE using Chicago police parking lots for its operations
Videos and witness testimony show immigration agents continue using Chicago police station parking lots despite a ban on their access to city property. Records obtained from the Civilian Office of Pol...
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House of Surplus @houseofsurplus.bsky.social · 21/09/2026
They don't know I'm going to be the pope
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Joe Flynn @chinajoeflynn.bsky.social · 25/09/2026
The White Sox have to retire Munetaka Murakami's number immediately. This is the greatest interview of all time.
youtube.com
Murakami loving his first clubhouse celebration 😂
YouTube video by Bleacher Report
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Micah Lee @micahflee.com · 23/06/2026
I know this has been pointed out many times by many people but I just want to reiterate: Anthropic is basically using Kurt Vonnegut's drawing of an asshole as the Claude logo
Kurt Vonnegut's asshole drawingAnthropic's Claude logo
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Phil Lewis @phillewis.bsky.social · 16/08/2026
The National Association of Black Journalists gives Stephen A. Smith the “Thumbs Down” award for his “recurring public pattern of disparaging public commentary directed at prominent Black women across politics, sports and media.”
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Bill Amend @billamend.bsky.social · 10/08/2026
Tonight’s dumb napkin cartoon…
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Ariaa® @ariaa.bsky.social · 06/08/2026
Bette Midler posted this. I don't know who the photographer is but what a capture!
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Aurelius Raines II (He/Him) @aureliusr2.bsky.social · 31/05/2026
I LOVE this channel. Everytime somebody tries to make my neighborhood sound like a war zone.
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Zak Yudhishthu @zyudhishthu.bsky.social · 30/04/2026
So now, a bunch of suburbs - are losing their population of children - have almost no affordable housing at all - don't comply with the state's requirement to have a plan for affordable housing and are still lobbying against statewide missing middle housing
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BrownBear @dpconnection87.bsky.social · 30/04/2026
Fucking @quigley.house.gov with another bucket of dog shit served on a platter for his constituents. What a dickhead.
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Norm Charlatan @normcharlatan.bsky.social · 21/04/2026
Alright, I’m home now so here’s the Norm update. Yesterday at 4pm, I got a text from a family I’ve been helping who had a loved one abducted a couple of days after Renée Good’s murder. This was the family that Norm Nation kept from being evicted (and you delivered). ICE had released their loved one.
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Imran Khan @imrankhan.bsky.social · 09/04/2026
About 45% of pet ownership is walking by them and badly singing little songs that integrate their names. If you can’t do this, then I’m sorry, you are not ready for the responsibilities of owning a pet.
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dan sinker @dansinker.com · 29/03/2026
Illinois is poised to be the second state to allow plug-in solar which means that anyone can hook solar into their home/apartment/whatever without installation. This is a big deal. capitolnewsillinois.com/news/lawmake...
capitolnewsillinois.com
Lawmakers seek measure to make small-scale plug-in solar panels available to renters
Article Summary A bill to allow for small, plug-in solar panel systems is moving through the Senate, which would open
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Phil Lewis @phillewis.bsky.social · 23/03/2026
A professional cornhole player with no arms and legs has been accused of murder in Maryland www.fox5dc.com/news/dayton-...
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Ida B Wells' Winchester Rifle @dytsras.bsky.social · 20/03/2026
You could say that Rock n Roll was born 111 years ago today in Arkansas, but probably not where you'd think. Before there was a Chuck Berry or Little Richard, there was those who wanted to be like her. Rosetta Nubin better known as Sister Rosetta Tharpe, the godmother of Rock was born on this day
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John @localcelebrity.bsky.social · 15/03/2026
Here is the form to submit the slip. Bill is HB5511 Representation is ‘Self’ Put in your info and file as ‘opposed’ www.ilga.gov/house/hearin...
ilga.gov
Official government website of the Illinois General Assembly
Welcome to the Official government website of the Illinois General Assembly
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jamelle @jamellebouie.net · 11/03/2026
conservative evangelicalism is the direct theological offspring of slaveholder christianity and it contains all of its pathologies, part infinity
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Luke Plunkett @lukeplunkett.com · 03/02/2026
when i stand on my dog's tail by accident and she doesn't understand im saying sorry
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Kat Tenbarge @kattenbarge.bsky.social · 05/03/2026
They are torturing and killing people in our concentration camps, and I wish more people were actively bothered by that
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Better Things Are Possible @internethippo.bsky.social · 18/09/2025
I'm not sure about this branding but I'm not the billionaire business genius
Mark Zuckerberg presenting his Pervert Glasses for perverts
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Anthony Moser @anthonymoser.com · 28/02/2026
your enemies fighting each other can be useful but it doesn't make them your friends. anthropic doesn't want to help with hegseth's apocalyptic fantasy *because they have their own* you do not, under any circumstances, gotta hand it to them
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Pookleblinky @pookleblinky.bsky.social · 18/06/2025
Fun fact: the US has been at continual war since 1945 and *not a single one of these wars*, from the Korean War to Vietnam to Iraq to Iraq again, was ever declared war by Congress. The last time the US Congress declared war was 1942. 83 years ago.
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Susan Rinkunas @susanrinkunas.com · 16/02/2026
My god do we need UBI “Researchers have found that when a new plasma center opens in a neighborhood, foot traffic at local grocery stores increases, interest in payday loans declines and crime goes down, an indication of the way money from plasma props up households’ finances for necessities.“
nbcnews.com
Middle-class Americans are selling their plasma to make ends meet
Last year, people in the U.S. made an estimated $4.7 billion selling their plasma. Donation centers are popping up in middle-class neighborhoods, including suburban strip malls and college towns.
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BrownBear @dpconnection87.bsky.social · 16/02/2026
Good thread that I’ve been thinking but not able to articulate
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c0nc0rdance @c0nc0rdance.bsky.social · 14/02/2026
Franzi Schimmer captured this Grizzly bear in Brooks Falls, Alaska just floating along, tippy-tapping down the river, browsing the salmon. Prior to hibernation, up to 40% of a bear's body mass is fat, which is less dense than water (~0.9 g/cm^2), so the murder-monster is also a floaty-boaty.
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Alfred Twu @alfredtwu.com · 13/02/2026
🇺🇸U.S. zoning🦅 Putting cars in a house: ✅ and often required Using car as a house: 🚫 Doing business in a house: 🚫 Using business as a house: 🚫 Using car to do business: ✅ Putting cars in a business: ✅ and often required especially if it's a bar 😱 make this make sense bsky.app/profile/tmcc...
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WeRateDogs @weratedogs.com · 10/02/2026
we need to talk about that Ring Super Bowl ad
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Aaron Rupar @atrupar.com · 10/02/2026
Rep. Delia Ramirez to DHS officials: "I have as much respect for you as I do for the last white men who put on masks to terrorize communities of color. I have no respect for the inheritors of the Klanhood and the slave patrol. Those activities were criminal and so are yours."
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ElieNYC @elienyc.bsky.social · 09/02/2026
Basically Ring advertised the technology Batman used to find the Joker that Lucius Fox refused to be a part of except for that one time.
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Soraya Nadia McDonald @soraya.press · 09/02/2026
Benito is a threat b/c he makes art so alluring and enjoyable you want to understand everything about it and then you end up learning about sugar and slavery and colonialism and the Taínos and Hawaii and then you probably have some thoughts of your own, and that's why art is powerful and dangerous
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ProPublica @propublica.org · 01/02/2026
BREAKING: The two federal immigration agents who fired on Minneapolis protester Alex Pretti are identified in government records as Border Patrol agent Jesus Ochoa and Customs and Border Protection officer Raymundo Gutierrez.
propublica.org
Two CBP Agents Identified in Alex Pretti Shooting
The two federal immigration agents who fired on Minneapolis protester Alex Pretti are identified in government records as Border Patrol agent Jesus Ochoa and Customs and Border Protection officer Raym...
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Sheryl Weikal says Prosecute ICE @leftistlawyer.com · 01/02/2026
So on Friday, I sued State's Attorney Burke - not for money, but for justice. Since she is unwilling or unable to prosecute people who terrorized Chicagoans for weeks, I am requesting the appointment of a Special Prosecutor who will. That is the only relief I am requesting. (Cont.)
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Robert Evans (the Only Robert Evans) @iwriteok.bsky.social · 28/01/2026
approaching the problem of "roving death squads" from an incrementalist point of view is just a slow form of suicide
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Juliana Stratton @julianastratton.bsky.social · 27/01/2026
🚨‼️My opponent has taken tens of thousands of dollars from Trump advisors, Project 2025 architects, and an ICE contractor. Watch me call him out on the debate stage here ⬇️
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Mike Boylan-Kolchin @mbkplus.bsky.social · 26/01/2026
The more I think about it, the more I’m convinced the Democrats have to push their hand immediately. The parallels with the delays and subsequent failures after January 6th are blaring warning signs about what will happen if they don’t go after the issues with ICE and CBP at the root RIGHT NOW.
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Sean T. Collins @seantcollins.com · 27/01/2026
The people of Minnesota did that. Not Schumer and Jeffries, not Walz and Frey, not the standard-bearers of decorum. The People.
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Murshed Zaheed @murshedz.bsky.social · 27/01/2026
Majority of the country now wants to abolish and/or dismantle ICE and yet Chuck Schumer, D-N.Y. told the caucus the message had to be to “restrain, reform and restrict ICE.” Once again it looks like Schumer is about to choke after getting a massive opportunity. So pathetic and weak.
nbcnews.com
Senate Democrats plot strategy as DHS standoff deepens heading into shutdown week
Two sources who were on a Democratic caucus strategy call Sunday said Minority Leader Chuck Schumer told the group the message must be to “restrain, reform and restrict ICE.”
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Chris Kluwe, adjudicated poaster @chriswarcraft.bsky.social · 27/01/2026
For any elected official who needs to hear this, I impart a lesson learned from the NFL: When the other team is tired and on the back foot, you don’t call a timeout so they can catch their breath. You grind their fucking face into the dirt until the final whistle blows and you’ve won the game.
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Greg Olear @gregolear.bsky.social · 25/01/2026
One of the best things I’ve read in a while:
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molly conger @socialistdogmom.bsky.social · 24/01/2026
they're executing moms and nurses in the street. they're using preschoolers as bait. they're stealing people's dads and grandmas and children. they're tear gassing babies. they're staking out schools. there is no remedy but abolition. any proposal that doesn't start there is an act of violence.
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Roxane Gay @roxanegay.bsky.social · 24/01/2026
I don’t want to hear anything from an elected official unless it’s a plan to defund the DHS and impeach Noem, Bovino, etc. No texts. No emails. No talk about the economy. Step up or step off.
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Clara Jeffery @clarajeffery.bsky.social · 24/01/2026
This is a white supremacist paramilitary operation. Their goal—their stated goal!—is to force America to submit to the President's racist domineering vision for the country. The sooner everybody starts confronting it on the terms that they themselves have stated, the better.
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Melissa Gira Grant @melissagiragrant.com · 24/01/2026
in trying to understand what makes ICE and CBP so dangerous right now, it is tempting to imagine some new lack of training or experience or professionalism—and not grapple with the truth that a white nationalist movement has put more power and force behind their existing mission
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Tressie McMillan Cottom @tressiemcphd.bsky.social · 24/01/2026
I know the idea of “better” policing is as old a demand as civil rights movements in this country, the impulse to call for it at this moment is so terribly cruel that it can only be understood as aligned with the terrorists.
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Chris Geidner @chrisgeidner.bsky.social · 24/01/2026
DOJ lies. DHS lies. ICE lies. That has been established. Do not repeat their claims as fact. Their claims are arguments or, often, misleading propaganda — when not outright lies. They are seeking to make a case for their lawlessness (and to please Trump), not seeking to inform.
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karl rove knausgård @uhactually.bsky.social · 24/01/2026
It is genuinely insane to watch capital decide that allowing this shit to go on is better for them than having to allow the FTC to do mild monopoly investigations and require cancellation buttons on websites.
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Atrios @eschatonblog.com · 24/01/2026
On top of some obvious things, it's clear the dems in congress don't game anything out. What are you going to do when the murder the next person? And then the next one? and then a member of congress? It's just "vote for this and pray it goes away"
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Melissa Gira Grant @melissagiragrant.com · 22/01/2026
it does feel fundamentally dysfunctional, right, to beg lawmakers to use the law to force law enforcement to obey the law
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