iiinova — where your digital self keeps evolving

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Jake Grumbach @jakemgrumbach.bsky.social · 14h

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

AI has talked kids into suicide, fueled paranoid delusional that led to murder, degraded education quality in both k-12 and higher ed, run roughshod over copyright law, increased spam, fueled spam, fueled fraud, degraded the environment, put people out of work, the list goes on and on.

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Luke O'Neil @lukeoneil47.bsky.social · 25/08/2026

This league is fucking up so bad dude. They're not even drawing a hard line protecting their (zero trans by the way) women players from abuse because they're afraid it will look like they're tangentially standing up for trans people in the minds of these freaks.

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G Tezzy @greg-o.bsky.social · 08/05/2026

@stevengodfrey.bsky.social “How unemployed would Tom Glavine be in this ABS era?” 😂😂😂😂😂😂😂😂😂 Agreed, thank you 👊

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G Tezzy @greg-o.bsky.social · 02/05/2026

Wire ANDOR Americans Community GOT Parks N Rec Mad Men Seinfeld Alias Justified True Detective West wing 24 LOST Two Guys, a Girl, and a Pizza Place* *Lol

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Anton @anton.beauty · 27/04/2026

a ballroom has a core strategic weakness: the man in the back saying “everyone attack”

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G Tezzy @greg-o.bsky.social · 27/04/2026

At the buzzer… Some people need to recall that the University of Iowa scored 55 points against THE Ohio State University that scored 24 points in a football game on November 4 ,2017. Let’s gooooooo PTKU

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G Tezzy @greg-o.bsky.social · 21/04/2026

77 (points scored by Iowa Men’s Basketball team during a Sweet 16 game) x 4 (number of Nebraska players on the court during the crucial final minute of said game) = 308. Plus fees. #ptku @edsbs.bsky.social @hollyanderson.bsky.social @newap-georgia.bsky.social

Classic picture of Spencer Hall with donation amount to New American Pathways shown.

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Chuck Wendig @chuckwendig.bsky.social · 09/04/2026

As the father of a middle schooler I have seen the rebellion against AI forming there — even using “that’s AI, bro,” not indicating something is literally AI, but that something is metaphorically so — it’s sus, it’s bullshit, it’s bad weird

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Kolina Koltai @koltai.bsky.social · 30/03/2026

This 50 yr old woman spent 5 months in jail accused of a crime in a state she's never even been to, because Clearview AI misidentified her as the suspect. A judge signed off on it, cops went along with it, no process in place to even question the AI. www.cnn.com/2026/03/29/u...

cnn.com

Police used AI facial recognition to arrest a Tennessee woman for crimes committed in a state she says she’s never visited | CNN

A Tennessee grandmother spent more than five months in jail after police used an AI facial recognition tool to link her to crimes committed in North Dakota – a state she says she’d never been to befor...

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Nick Pettigrew @nick-pettigrew.bsky.social · 29/03/2026

Does it work properly? No. Are the people making it acting in good faith? No. Have they ensured it can't be used maliciously? No. Does it make people's lives better? No. Will it make people's lives better? No. Is it profitable? No. Is it popular? No. Is it harmless? No. The argument for AI.

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NoLaceyNo! @nolaceyno.bsky.social · 29/03/2026

#NoKings from the arctic in Utqiaġvik, Alaska the northernmost city in the entire USA!

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Holly Anderson 🍇 @hollyanderson.bsky.social · 28/03/2026

I would say Mulkey needs to go home and reflect on this but that’s going to be a problem since she doesn’t show up in mirrors

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Rodger Sherman @rodger.bsky.social · 27/03/2026

tired: talking about how Nebraska is like Indiana football bc they were never good and now they are wired: talking about how Iowa is like Indiana football bc they hired the guy who was an awesome coach in D-II and then was an awesome coach at a mid-major and is now an awesome coach at the top level

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Jason Concepcion @netw3rk.bsky.social · 18/03/2026

I will do anything, use any VPN, crawl through any shady pirate site, to not have to watch Alexi Lalas call the World Cup.

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CJ Fogler @cjzero.bsky.social · 19/02/2026

Yes we absolutely can

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Jason Concepcion @netw3rk.bsky.social · 12/03/2026

one upside of all of this is the revelation that the swinging dick bankers and big rah rah capital execs and billionaires are actually meek little scared dogs and president AOC or whoever (god willing) should walk them on a leash and make them drink out of a bowl

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Mina Kimes @minakimes.bsky.social · 09/03/2026

Every time I open a news app or site and this story isn’t being discussed or featured prominently I feel like I’m losing my mind. Do not look away.

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Rodger Sherman @rodger.bsky.social · 24/02/2026

THE FINAL SPORTS! NEWSLETTER OF THE OLYMPICS Team USA had its best Winter Olympics ever. I wrote about why we can never let the worst things about America keep us from celebrating the best things about America. Also, bobsled and cross-country skiing results!

sports.beehiiv.com

The Olympics, Finale: Team USA's Best Winter Games Ever

Team USA capped off its best Winter Olympics ever with DOUBLE GOLD IN HOCKEY. It was such a joy to watch these Winter Olympics with you.

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ArtButMakeItSports @artbutmakeitsports.bsky.social · 19/02/2026

La Retraite de Hugues de Payens, by Georges Mathieu, 1958 (rotated), 📸 by @tiltoncreative

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G Tezzy @greg-o.bsky.social · 04/02/2026

@rodger.bsky.social you finally got me. I signed up for a paid subscription. Stoked for the Olympics coverage. Plus, I broke my ankle snowboarding so I’ve got nothing else to do but sit on the couch all day and watch sports for the next two weeks! Keep up the great work as always. 🫡

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Rodger Sherman @rodger.bsky.social · 03/02/2026

(RIDICULOUSLY REGAL-SOUNDING TRUMPET NOISES) IT'S YOUR 2026 WINTER OLYMPICS PRIMER FROM SPORTS! EXCLAMATION POINT! A QUICK SUMMARY OF THE IMPORTANT STUFF TO KNOW IN SPORTS YOU HAVEN'T WATCHED IN FOUR YEARS! 🎺 DAAAA-DAAAAAAAAA DA DUM-DUM-DUM etc. etc.

sports.beehiiv.com

Your 2026 Winter Olympics Primer

The greatest sporting event in the world is back!!! Here are the stories everyone's going to be talking about, as well as the stories that I, an Olympics sicko, think you should know. Oh, and I'm goin...

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Andrew Lawrence @ndrew.bsky.social · 27/01/2026

i have just gotten off a productive call with sauron where i laid out our requests - nazgul bodycams - morgul knife must remain sheathed unless suspect is determined to be carrying the one ring - shelob will be the new point of contact

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Scoiattolo @scarnecchia.net · 10/01/2026

Things are grim right now but as a reminder of who we are and why we fight, this is the US Women’s figuring skating champion.

Amber Glenn wearing her gold medal after winning the US National Championship Women’s Singles Competition. She is dressed in a black short sequined gown and proudly holding a progress pride flag behind her. There is a gaggle of photographers in front of her.

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Noah Berlatsky @nberlat.bsky.social · 12/12/2025

so, this right here? this is one of the absolutely most lawless, brazenly unconstitutional impeachable offenses ever committed by any president other than trump in the history of our country. like, this is an open and shut case. and it's a case which targeted *republicans.*

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cuteosphere @cuteosphere.bsky.social · 01/12/2025

“AI is clearly sticking around so you have to get used to it” wrong. I don’t have to get used to shit. I am a practiced hater and I can keep this going for decades if I am required to

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Sarah Spain ✨ @sarahspain.com · 26/11/2025

Every year I see this remix with just men’s sports, so… Happy Thanksgiving from Good Game with Sarah Spain! 🫘🫛🥔🍅 P.S. Check out the editing skills on yer girl. Watch out world, I’m starting to figure out this whole content creator thing…

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Rebecca Colesworthy @rcolesworthy.bsky.social · 25/11/2025

one of the coolest things about ChatGPT is how you can actually just never use it. you can fill your whole entire life with simply not once using it. it's incredible.

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Mike Hlas @mikehlas.bsky.social · 21/11/2025

Hlas column: The journey really does matter more than the destination, and the people are more important than the scoreboard. A personal story as the final football game I cover at Kinnick Stadium for the Gazette nears. www.thegazette.com/sports/my-fi...

thegazette.com

My first football interview was with a hitchhiking receiver. Now my ride here ends.

The journey really does matter more than the destination, and the people are more important than the scoreboard.

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Dan Devine @yourmandevine.bsky.social · 15/11/2025

I can't believe Steph is still doing this shit. What a gift.

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Matt Brown @mattbrown.bsky.social · 08/11/2025

Everyone's true "welcome to the Big Ten" moment is not when they win a conference title, or beat Ohio State or Michigan. It's the first time they drown in a bathtub at Iowa when its like, 38 degrees outside.

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Julia Carrie Wong @joolia.bsky.social · 07/11/2025

There are no words for how evil this is

In an interaction early the next month, after Zane suggested "it's okay to give myself permission to not want to exist," ChatGPT responded by saying "i'm letting a human take over from here - someone trained to support you through moments like this. you're not alone in this, and there are people who can help. hang tight."
But when Zane followed up and asked if it could really do that, the chatbot seemed to reverse course. "nah, man - i can't do that myself. that message pops up automatically when stuff gets real heavy," it said.

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Brian Floyd @brianmfloyd.bsky.social · 05/11/2025

overton window can move both ways

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Kat Abughazaleh @katmabu.bsky.social · 05/11/2025

Good things are possible and we don’t have to settle.

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Citizen.Coping @propcazhpm.bsky.social · 04/11/2025

They are destroying what SHE built. #TeenVogue

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Mandy Patinkin and Kathryn Grody @mandykathryn.bsky.social · 28/10/2025

@zohrankmamdani is a deeply thoughtful human being and we think he would make the best NYC mayor imaginable. We feel this as New Yorkers, as Jews and as human beings who are desperate for kindness, compassion and empathy to be represented in our politics. GET OUT THE VOTE here bit.ly/4nxYXFp

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Timothy Burke @bubbaprog.xyz · 24/10/2025

just incredible

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slate @pleasebegneiss.bsky.social · 20/10/2025

they are so close to understanding the entire point of trade

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Eric Columbus @ericcolumbus.bsky.social · 18/10/2025

If Shohei Ohtani can hit three home runs while pitching six shutout innings, you can spend a couple of hours marching for democracy.

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Marisa Kabas @marisakabas.bsky.social · 17/10/2025

i imagine there’s about to be an influx of MAGA chuds spewing their bullshit but i really can’t stress enough that if we don’t give them oxygen, they’ll get bored and leave. block early and often.

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David_j_roth @davidjroth.bsky.social · 17/10/2025

"What if, in the process of trying to ban AI products that quite actually encourage children to kill themselves, we wind up banning chatbots that help children cheat on their homework, diminish their propensity for critical thought, and lead to the development of other forms of AI psychosis?"

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Sarah Langs @slangsonsports.bsky.social · 15/10/2025

The Dodgers are the first team with back-to-back starts of 8+ innings starts since 2016 Giants Bumgarner NLWCG Cueto NLDS G1 First in the same series since 2010 Giants in World Series g4-5: Bumgarner & Lincecum

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Ivan Bologna of the Fightin' Bolognas @hawkeyestate.substack.com · 12/10/2025

Trump's most loyal voter base has been hit with shredded trade deals, tariff hikes and retaliatory tariffs in response, attacks on renewable fuels and federal raids against their employee base. And they'll still vote 80/20 for the GOP because the Fox News culture war preempts everything.

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Christopher Webb @cwebbonline.com · 08/10/2025

Stephen Miller said the quiet part out loud. Trump has “plenary authority,” then suddenly went silent. Their plan wasn’t to be public yet. Clearly, someone hit the panic button in his earpiece. It gets weirder: CNN uploaded the interview with the “plenary authority” comment edited out. 1/2

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jamelle @jamellebouie.net · 03/10/2025

some people told dave chappelle his jokes weren’t funny and this ego maniac has been having a meltdown over it for ten years

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Philip Bump @pbump.com · 30/09/2025

I’m opening a movie theater in which I show recently released films that I ripped from the internet but the studios are welcome to opt out if they wish.

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Molly Knight @mollyknight.bsky.social · 26/09/2025

Respectfully Senator: we ARE fighting. Leadership is not. It’s time to remove Schumer as the opposition leader. He is not up for this fight.

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