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Martin Mc

@hhmgm.bsky.social
566 followers 222 following 1.7K posts

European. Centre-left. Choral singer. Walker. Proper-beer-o-phile. LFC. Once a Scouser... 🇪🇺🇺🇦 🇵🇸 🇨🇦

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Reposted by Martin Mc
ScubaSuzyQ💙🦋 @susanmcgraw88.bsky.social · 15h
WARNING: this is Elon Musk.👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻He is collecting voter information. Do not open or use this! VoteSafe.org is NOT safe! #ProudBlue #DemVoice1 #USDemocracy #BlueEarth share.google/Z13W3Fk8jphU...
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Reposted by Martin Mc
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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Martin Mc @hhmgm.bsky.social · 18h
It's time that Labour started the counter-propaganda. The ship has been sailing the wrong way for fourteen years. It'll take five years to get any meaningful change of course in place. A lack of instant improvements is manna to the rw media. Labour needs to bang the drum NOW.
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Martin Mc @hhmgm.bsky.social · 18h
What do you think, Scotland? Actually, we know what you think. Stick to the current system - it would make travelling to Scotland from the rest of the UK more exotic if rest of UK changed! Good luck with the fight.
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Martin Mc @hhmgm.bsky.social · 10/10/2026
He's like a malign Pte Walker from Dad's Army on a grand scale: a spiv who will do backdoor deals, even with the enemy, to make a fast buck. I know you want cheaper fuel, America - we all do - but this is doing a deal with the devil. You've bought it with the blood of Ukrainian civilians. Sickening.
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Martin Mc @hhmgm.bsky.social · 09/10/2026
US public execution: I do not even want so see stills of the location flashed up on UK TV screens in news bulletins. And no video, frozen just before the command to fire is uttered. Do not be barbaric, UK TV. Death for entertainment demeans humanity. I'd like us to cling to the last threads.
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Dan Neidle @danneidle.bsky.social · 08/10/2026
This is a bad IHT cut. For the same money we could increase the nil rate band to £900k/person, or alternatively cut the rate from 40% to 17.5%. Either would be simpler, fairer, and not distort the housing market.
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Martin Mc @hhmgm.bsky.social · 08/10/2026
If the Americans were to invoke the 25th amendment, Vance is the man who would step in to replace him. The only solution for the US is a Democrat landslide at the mid-terms and at the next full election. Emasculate Trump now & bin the lot of them in 2028.
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Martin Mc @hhmgm.bsky.social · 08/10/2026
I think that we should all continue to use the accepted meaning of AI but when applied to anything Trumpish, it should be interpreted as Absence of Intelligence.
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Martin Mc @hhmgm.bsky.social · 08/10/2026
You've got no chance, Rep Mike Rogers of Michigan. Trump hates Carney - who runs rings around him - and the orange one's ego is far, far bigger than ANY plight you may be suffering. Your best bet: fall on your sword, vote Democrat and get rid of Trump. You'll need a new job but can avoid the felon.
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Martin Mc @hhmgm.bsky.social · 08/10/2026
They have spent two years and more supporting him, not reining-in his excesses, ignoring the powers and obligations they have to uphold the law, picking up scraps from his table and now they're trying to say it was him, not us. Well, it was them, too. Tell me you're not that dumb, American voters...
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Martin Mc @hhmgm.bsky.social · 08/10/2026
Soft & fluffy animals for new banknotes? Should've chosen vulture, wolf, shark, hyena, piranha. These are more appropriate in the world of money.
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Martin Mc @hhmgm.bsky.social · 08/10/2026
They might as well scrap annual financial audits. Fewer govt inspectors, box-ticking exercise & fines passed to clients. Carillion got a glowing report just months before it collapsed. Suspend senior licences; ban ANY remuneration, bonus increases, share options, benefits in kind for 2, 5, 10 years.
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Martin Mc @hhmgm.bsky.social · 07/10/2026
No, no, no, no, no. Everybody knows that the body of water to the west of California is the Pacific Ocean. Don't confuse the Iranians!
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Martin Mc @hhmgm.bsky.social · 07/10/2026
...and what independent power & water supplies are you going to construct to service them?
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Martin Mc @hhmgm.bsky.social · 07/10/2026
Air source heat pump. Save the planet... 😈
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Martin Mc @hhmgm.bsky.social · 06/10/2026
Trump is setting up fictitious blue state problems. When the governors/mayors don't call for his help, he'll have to send in 'help'. The 'help' will still be there on voting day & he'll be 'forced' to impose curfews/close polling stations in 'troublespots' and 'protect' (disappear) ballot boxes...
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Martin Mc @hhmgm.bsky.social · 06/10/2026
Two institutions high on the list of 'How American can you be' are surely the US Navy & Hollywood and yet Trump is happy to invite Iran to destroy San Diego & LA. How can ANY US citizen, of ANY stripe, not see this as treason? WHAT does he have to do to be ripped from his throne? USA: 300M+ COWARDS.
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Scott Smith @canaansdad1987.bsky.social · 05/10/2026
Shielding misconduct makes them just as responsible. Cornell7.org cornellseven.com #USDemocracy
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JustVisiting-1123 @chefskiss-1123.bsky.social · 01/10/2026
Take it to Village Hall, City Hall, or someplace similar in your area.
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Martin Mc @hhmgm.bsky.social · 05/10/2026
Mogg was completely out of touch during the Conservative govt. He was completely out of touch in the years previously, too. I have no reason to believe he has anything to say now of any relevance, either. I'm glad he's out of my public eye - and I'm happy to keep it that way. Better already.
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Martin Mc @hhmgm.bsky.social · 05/10/2026
New housing estates? Just plug them into the existing network. No onus on WCs or builders to create new infrastructure to cope. Population increase? No new reservoirs, delivery mechanisms or treatment works. That costs money (= less profit for divis & bonuses). Ofwat works for WCs.
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Martin Mc @hhmgm.bsky.social · 04/10/2026
Those 200 hours community service - will they be with children? Why does a sentence for having seriously indecent images of children not include incarceration, a complete ban on internet usage and mandatory psychotherapy? HOW is community service helping children's safety? An essay, saying sorry?
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Martin Mc @hhmgm.bsky.social · 04/10/2026
I'm having trouble with written English. Is it King Donald I or 'king Donald I?
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Martin Mc @hhmgm.bsky.social · 04/10/2026
There is no point whatsoever having a constitution or a legal system if they are not used to protect well-behaving, moral people, are ignored by those who want only for themselves and which leave untried and unpunished those who transgress. The transgressors are the perps and ANYONE assisting them.
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M Meerkat @kackbro.bsky.social · 04/10/2026
Yes,You're Right✅️, Robert Reich...
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Martin Mc @hhmgm.bsky.social · 04/10/2026
This 👇👇👇
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Martin Mc @hhmgm.bsky.social · 02/10/2026
It looks as though due process is finally heading the way of the (as yet) alleged Cornell rapists. Do not forget those fine, upstanding seniors in the university who thought an essay was a just punishment. On conviction of the rapists, *they* will become conspirators in covering up the crimes...
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Martin Mc @hhmgm.bsky.social · 02/10/2026
A reminder to all of the 'we had our say and we voted out, so we should stay out' brigade: we have our say every election and, strangely, we often change our governments. Also, we joined and we voted again to remain, long before 2016. So why, in 2016, did we need to vote again? You need an argument.
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Martin Mc @hhmgm.bsky.social · 02/10/2026
Far too soon to tell - but he's already explicitly addressed the triple lock, return to Europe and a national care service. That's what I call nailing your colours to the mast. If and when he delivers, can I expect an "I was wrong" post? *I* don't know that he'll deliver but I believe he'll try.
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Martin Mc @hhmgm.bsky.social · 02/10/2026
I love the 'one piece a day' thing. Is there something you'd like to tell us? 🤔😁
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Martin Mc @hhmgm.bsky.social · 02/10/2026
Let me explain for the BBC: Fiona Bruce is a weak, biased chair. She allows rw speakers minutes of airtime unchallenged; frequently interrupts anyone left of rw opinion; closes down any leftish arguments and brushes aside many leftish audience questions for 'better' rw Qs. Flagship? Gutter.
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Martin Mc @hhmgm.bsky.social · 02/10/2026
Senior departures from the White House may well be occurring but their names remain on the list of those to be prosecuted under a new, law-abiding presidency. There is no hiding place. Justice WILL prevail.
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Martin Mc @hhmgm.bsky.social · 02/10/2026
I read, in the last six months, that some drug companies are refusing to supply tried & tested drugs for judicial killings in the states and that some states are using 'cocktails'. I don't know if either option applies here.
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Martin Mc @hhmgm.bsky.social · 02/10/2026
Slow, painful torture by chemical injection. Death may follow soon but it may be a long, drawn out horror as administered by the state. A barbaric 21st century procedure you wouldn't even apply to a dog.
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Martin Mc @hhmgm.bsky.social · 01/10/2026
Misunderstood? Ignored.
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Logatex @logatex.bsky.social · 30/09/2026
And yet not long ago...
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Martin Mc @hhmgm.bsky.social · 30/09/2026
Dems - I hope you have a plan. Start the long process of identifying the corruptions, lies & murders, charging & trying the perps - ALL of them; restore those health benefits, SNAP etc; reinstate lost institutions, appoint competent leaders, remove ICE, start rehab in the world. It'll take DECADES.
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Martin Mc @hhmgm.bsky.social · 30/09/2026
The angle Labour must keep banging on about is that as well as pensions keeping pace with inflation, people will not have to sell the family home they've spent a lifetime acquiring just to pay for care. They'll be keeping their own money. Do the other parties support that or not? Call them out.
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Martin Mc @hhmgm.bsky.social · 29/09/2026
New homes built on floodplains should, by law, have to display a sign as large as any builder's advert, and at least 2m x 2m, saying that they're built on a floodplain. The sales pack should, by law, give the last 10-year history of flooding & what the current EA 100-year flood projections say.
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Martin Mc @hhmgm.bsky.social · 29/09/2026
How to corrupt politicians - a handbook. 1. Lavish them with gifts - flights, accommodation, dinner at eye-wateringly expensive restaurants, meetings with gobsmackingly wealthy mates, the promise of government, an extremely lucrative post-governmental income. 2. That's it.
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Anti-Reform @antireform.bsky.social · 28/09/2026
"Farage is certainly no friend of working people ...." via Wanda Lozinska
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Martin Mc @hhmgm.bsky.social · 28/09/2026
Industrialisation will provide employment and goods that we can sell. The deindustrialisation we have experienced has given way to a service-led economy, lots of hedge-fund managers and asset-strippers, and a reliance on imports. In my view.
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Martin Mc @hhmgm.bsky.social · 28/09/2026
I wonder if Trump knows that Scotland Yard is a tiny Scottish enclave in London and that only Scots are allowed to work there? It's been like that since the reign of James I/VI. Someone should tell him... 😁
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Martin Mc @hhmgm.bsky.social · 27/09/2026
Our European cousins are already at it: the Euro-based Wero card is already a thing. Britain will have to do a Sterling-based one, all by itself, if it wants to dump Visa & Mastercard. Or we could join the EU & embrace the Euro...
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Martin Mc @hhmgm.bsky.social · 27/09/2026
Bet you don't last two minutes before the hackles are up! 😁
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Martin Mc @hhmgm.bsky.social · 26/09/2026
Can we cover car parks with solar panels instead of productive, prime agricultural land? It's not too difficult and could be a great source of revenue for councils.
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Reform Party UK Exposed @reformexposed.bsky.social · 26/09/2026
If diesel reaches £3 a litre, you can thank Nigel’s friend Donald Trump. inews.co.uk/news/uk-driv...
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Martin Mc @hhmgm.bsky.social · 26/09/2026
Yes, we should rejoin. The faster the better. Typical Tony Blair though - we'll come back if you change your ways first. No - we'll come back under the best deal we can negotiate. THEY hold all the cards. When we're in, we can set about persuading our PARTNERS to change, if that's what we want.
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Martin Mc @hhmgm.bsky.social · 25/09/2026
Production will only increase if demand is there. Increasing the disposable income of tens of millions of lower-paid people means they will want & buy more. Result: happiness. This is a very good idea.
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