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CC @erniesdad2001.bsky.social · 8h

I just crushed some wings and my lips and mouth are en fuego in the best way possible 🤘

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CC @erniesdad2001.bsky.social · 14h

I saw a red one yesterday 🤘

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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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Seinfeldism @seinfeldism.bsky.social · 19h

Top of the muffin to you! / S08E21 The Muffin Tops

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CC @erniesdad2001.bsky.social · 10/10/2026

Yellow Tabiloua Tree. These are all over my town, and I have one in my front yard. They are one of the first to bloom in the Spring.

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JP Acosta @acosta32jp.bsky.social · 09/10/2026

Bucky Irving having the juice again really helps lift this Bucs offense. His footwork and agility was on full display last night. Also...some real yakkety sax defense for the Cowboys. Barham blitzes and does a good job redirecting Irving, and then the Benny Hill music starts

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CC @erniesdad2001.bsky.social · 09/10/2026

I literally thought he was having a heart attack

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CC @erniesdad2001.bsky.social · 09/10/2026

As the kids say, so satisfying...

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CC @erniesdad2001.bsky.social · 09/10/2026

Little Marco Rubio loves Russia

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CC @erniesdad2001.bsky.social · 09/10/2026

As a Floridian, I'm thankful the hurricane is not bothering my region this year. Good luck to everyone in its path 🤞

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CC @erniesdad2001.bsky.social · 09/10/2026

Throw it at a road sign and see if it breaks

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Matt Lombardo @mattlombardo.bsky.social · 09/10/2026

Bucky Irving Signature Performance.

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CC @erniesdad2001.bsky.social · 09/10/2026

I'm a Bucs Fan and I can't believe what I'm watching. The Rays rubbing off on the Bucs 💥

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CC @erniesdad2001.bsky.social · 09/10/2026

The kids probably don't know who that is

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CC @erniesdad2001.bsky.social · 09/10/2026

Omg the Cowboys suck lol

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CC @erniesdad2001.bsky.social · 09/10/2026

Y'all. The Bucs are winning 21-10 halfway through the 3rd quarter and I'm excited.

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CC @erniesdad2001.bsky.social · 09/10/2026

Well looky here. The Bucs HAVE THE LEAD

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CC @erniesdad2001.bsky.social · 09/10/2026

I was literally just thinking about this 😂

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CC @erniesdad2001.bsky.social · 09/10/2026

I would say perhaps if he has a lit cigarette hanging out of his mouth

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CC @erniesdad2001.bsky.social · 09/10/2026

You got to throw the ball away kid

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CC @erniesdad2001.bsky.social · 09/10/2026

Look at the Bucs getting 1st downs...

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CC @erniesdad2001.bsky.social · 09/10/2026

🎯 when some fuck phan does this shit, I tell them I love living in Florida (and other things) and they cut the shit real fast 😂

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CC @erniesdad2001.bsky.social · 08/10/2026

Plastic surgery gone wrong. So wrong 😂

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CC @erniesdad2001.bsky.social · 08/10/2026

Just like they were going to release the Epstein Files right????

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CC @erniesdad2001.bsky.social · 08/10/2026

I'm not the Ray's Fan I used to be, and man it feels great knowing they swept the Yankees IN ny. Listening to Yankee Fan melt down on sports talk is so much fun. Go Rays!

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