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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thegladerunner.bsky.social @thegladerunner.bsky.social · 29/09/2026

Five years ago, when a Seattle burger chain raised employee wages & benefits the Reicht wing lost their minds, screaming the result would be $20 burgers & the company would end in bankruptcy. Today, the chain is even more popular than ever. Never let them try to tell you a living wage can’t work.

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Alex Jones' Nudes @alexjonesnudes.bsky.social · 23/09/2026

At the ICE concentration camp in Tacoma #FuckICE #ICE #Tacoma #Seattle

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WHAT FRESH HELL IS THIS?!!!! @the13thpanther.bsky.social · 29/08/2026

Texans! Pay attention! Check if you are still registered. Shady government.

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leftylady.bsky.social @leftylady.bsky.social · 29/08/2026

Texans, if you’re one of the people who had their voter registration suspended, there’s still time to fix it! trib.al/OP3mVj5

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MI for democracy @mifordemocracy.bsky.social · 28/08/2026

Please share with any Texans you know!!

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Nurse Teri 🇺🇦🇬🇱 👩🏽‍⚕️ 👊🏼 🐸 @nurseteria.bsky.social · 28/08/2026

If any post needs a boost it is this one. TEXANS please check your registration NOW so that you won't have any surprises on election day. Every vote matters!

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Carl T. Bergstrom @carlbergstrom.com · 15/08/2026

These gloves don't cause neuromuscular incapacitation the way that a taser does. In fact, they only work when applied directly to bare skin. These aren't made for apprehending anyone. These have one and only one use: causing extreme pain to already-restrained captives. In plain language: torture.

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anniempeterson.bsky.social @anniempeterson.bsky.social · 08/08/2026

A note on Royce White, the former NBA player who says he's entering the WNBA draft, a judge ruled he abused his wife and teenage son in an April court order and determined he could not have contact with either of them for 50 years. Great way to "protect women's sports" transphobes.

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Gordonator @gordonator.myatproto.social · 08/08/2026

Also, people using Flock cameras are putting people’s lives at risk.

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justdeirdre.bsky.social @justdeirdre.bsky.social · 08/08/2026

Lisa Murkowski has voted eight times against equal pay for women. In fact, every Republican female senator has vote voted against equal pay for women.

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Gordonator @gordonator.myatproto.social · 22/07/2026

Jimothy is cute, but if I never see another cheering fvcking scoreboard ever again it’ll be too soon.

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Yarwanaw @yarwanaw.bsky.social · 08/07/2026

I talked to mitch today.🤷 For 20 minutes. 🤷

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Gordonator @gordonator.myatproto.social · 02/07/2026

@emmaswiftsings.bsky.social Live From Tubby's House Live Stream Ticket July 2, 2026 at 6:00 PM PDT REPLAY AVAILABLE FOR 48 HOURS Buy Now - $6 USD or more Hello dear Groovers, Live From Tubby's House is back this week on Thursday July 2 @ 7pm Central Time. Requests welcome! Love on ya, RH

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Gordonator @gordonator.myatproto.social · 30/06/2026

Injuries such as broken legs, fractured skulls, twisted ankles, and or being shaken up should not be used to gain an advantage for the team committing the foul. If you want to give everyone committing the foul in the penalty area an automatic red card, I might reconsider.

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Gordonator @gordonator.myatproto.social · 30/06/2026

The NASL of the 1970s and early 80s had shootouts like where the players started 35 yards from goal and had to score, getting only one shot. The goalkeepers started on their line but could do anything to stop them except fouling. Yes, a foul in the penalty box led to a penalty kick.

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Gillian Martin @gillmartin.bsky.social · 09/06/2026

Release the Files

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Michael McDonald @electproject.bsky.social · 10/06/2026

I toured the Los Angeles election office two years ago. It is impressive, but what is particularly galling about Trumo’s vote fraud claims is that they made special viewing areas just so anyone (including the campaigns and parties) can observe the full ballot counting process

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MaddowBlog @maddowblog.bsky.social · 09/06/2026

In part 2, Jacob explains that the amount of time California is taking to count votes is not indicative of a problem.

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MaddowBlog @maddowblog.bsky.social · 09/06/2026

. @jacobsoboroff.bsky.social shows Rachel how literally transparent the ballot processing is in LA County.

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Gordonator @gordonator.myatproto.social · 10/06/2026

There’s a reason vote totals are not announced until the polls close. Voter suppression and election interference are bigger problems.

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Christopher @1fisherman.bsky.social · 06/06/2026

From “God” on bsky. If you have not followed them already you should.

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Jim 🇨🇦 @justjim12.bsky.social · 06/06/2026

It's only gotten worse since the first debacle.

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Marisa Kabas @marisakabas.bsky.social · 05/06/2026

Do not forget the hunger strikers and the deplorable conditions that prompted their protest.

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Indivisible ❌👑 @indivisible.org · 05/06/2026

THE STRIKE INSIDE DELANEY HALL IS STILL GOING ON 2 WEEKS LATER!!!

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Brant Reeves @bireeves95.bsky.social · 05/06/2026

You see how little this administration cares about you, my fellow Americans….

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Ron Filipkowski @ronfilipkowski.bsky.social · 01/06/2026

Has Hegseth finished that “investigation” of what happened on the bombing of the elementary school where all those kids are killed? Americans talked about My Lai for years. Decades. Now nothing seems to matter anymore and we just move on. When do we get the findings from that?

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Aaron Rupar @atrupar.com · 31/05/2026

Ossoff: "While you pay more for everything, Donald Trump wants your tax dollars for what many are calling the Jeffrey Epstein Memorial Ballroom."

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 30/05/2026

"Third Way" liberal politics involves *saying* things that working people love, but *doing* things that sociopathic plutocrats love. It works ...right up until voters notice that you're not *doing* the things. That realisation breeds cynicism and fury and paves the way for fascist strongmen. 2/

A turn-of-the-century Main Street, USA. Over the horizon looms a giant Canadian flag, made out of circuitry. In the foreground is a pixelboard sign reading 'U.S. BORDER CLOSED.' In the foreground looms a giant lumberjack, about to swing his axe into the sign.

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K Wilde @flowerchildob1.bsky.social · 27/05/2026

The US government was legally required to release all of the Epstein files 170 days ago. They still refuse to do so. The President seems reluctant to force the release. We all know why. 🔥Release the Epstein Files.🔥

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Tyler Kingkade @tktk.bsky.social · 25/05/2026

An NBC News investigation finds dozens of examples of criminals imitating ICE to rob and attack people www.nbcnews.com/news/us-news...

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Mother Earth @motherearth19309.bsky.social · 24/05/2026

No truer words were ever spoken...

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Trish Greenhalgh @trishgreenhalgh.bsky.social · 23/05/2026

Every summer I repost this article on how to spot drowning. Please read it and pass on. In the last few years I’ve had SIX messages from people who saved a kid’s life after clicking on the link from my feed. slate.com/technology/2...

slate.com

Drowning Doesn’t Look Like Drowning

Drowning is not the violent, splashing call for help that most people expect.

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kevinzoidberg.bsky.social @kevinzoidberg.bsky.social · 03/02/2026

@hakeem-jeffries.bsky.social @schumer.senate.gov @booker.senate.gov @amyklobuchar.com @ag.state.mn.us when are you going to remove kristi noem from office? she has killed over 30 people so far! ice is a murder squad terrorizing american cities with a mandate to kidnap brown people. WTF!!??

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Gordonator @gordonator.myatproto.social · 12/01/2026

In the graphic, now is doing a lot of work!

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Gordonator @gordonator.myatproto.social · 01/10/2025

Now would be a good time to call out your DumDum favorite pedophile to release the Epstein Files. Prove that Amy Poehler hasn’t kept your balls since you were inexplicably on SNL.

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Gordonator @gordonator.myatproto.social · 19/08/2025

@geneweingarten.bsky.social The follow up with details about Substack’s policies. Hope this is of interest, knowing full well you already may be well informed on the subject.

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Gordonator @gordonator.myatproto.social · 19/08/2025

@geneweingarten.bsky.social I’m not in the substack biz myself, but I trust this writer and the one that I follow with.

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Gordonator @gordonator.myatproto.social · 13/08/2025

Holy Fuck comedy boy, @NoelCaslerComedy.bsky.social, are you new here? Also, water is wet and Donnie The Alleged Russian Asset, whoever that is 🤷🤷‍♀️🤷🏻‍♂️, allegedly knows them all.

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Gordonator @gordonator.myatproto.social · 02/07/2025

The key difference to look for in a Mamdani admin will be that he’s more than just vibes. I expect he will be. Obama too often left his vibes on the table.

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Rick Steves @ricksteves.bsky.social · 17/06/2025

In the spring of 2008, I feared America was on the verge of war with Iran — and, believing that it’s good style to get to know people before you bomb them, I made “Rick Steves’ Iran,” a one-hour special that could (and would) only debut on PBS. Sadly, this special has become pertinent again today.

ricksteves.com

Iran

Join Rick as he explores the most surprising and fascinating land he's ever visited: Iran. In a one-hour, ground-breaking travel special on public television, you'll discover the splendid monuments of...

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Outspoken™️ @out5p0ken.bsky.social · 08/06/2025

If you are National Guard or Active Duty military and you are being ordered to violate the constitutional rights of US citizens then this is the number to the GI Rights Hotline. There is support. You don’t have to go through with it. 877-447-4487

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