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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mtsw @mtsw.bsky.social · 21h

I don't think most Americans understand yet what a global laggard the USA is turning into here. Media instead told us that electric vehicles were a fad that didn't work.

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Catherynne M. Valente @catvalente.bsky.social · 05/10/2026

I don’t care where you started out on the political spectrum If your kid comes out as trans & you don’t become a rainbow-clad, parade-cheering ally & rock-solid supportive girl/boy/enby dad/mom? You were never a parent at all You were a doll collector furious they didn’t stay in their packaging.

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ceej @ceej.online · 04/10/2026

“how do we win back trump voters in 2026” we don’t. we create an environment where admitting to voting for trump is so socially embarrassing as to render them completely inert. you don’t “win back” trump voters. you demoralize them into staying home. you make it a dunce cap

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ashley fairbanks @ziibiing.com · 03/10/2026

angine de poitrine would be such a good costume duet

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I've got a dad back @dadback.bsky.social · 21/10/2025

I don't need to use chatGPT because as a cis white man, I already say things with 100% confidence and 60% accuracy

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Dr Hannah M. Rowland @hannahmrowland.bsky.social · 01/10/2026

Hope your day was better than Darwin’s, on this day 165 years ago

I am very poorly today & very stupid & hate everybody &everything.

Charles Darwin
Letter to Charles Lyell
1st October 1861

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Angie Nixon @angieforfl.bsky.social · 01/10/2026

The most ordinary man imaginable came to my home state to tell me to ‘get out of America’ while he & Absent Ashley enjoyed the comfort of buildings my ancestors helped build. Imagine standing on the shoulders of the ppl who built this country & then telling their descendants they don’t belong here/2

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hammancheez but spooky @hammancheez.bsky.social · 01/10/2026

Yall wanna see a duck army deployed into a field to eat bugs

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Cameron Templar @whiteheatff.bsky.social · 30/09/2026

The post is live!

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Houlihan @houlihan.bsky.social · 29/09/2026

Who could block Cat Facts?

Screenshot of the classic "thank you for subscribing to Cat Facts" text meme

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lauren @lauren.rotatingsandwiches.com · 28/09/2026

current state of the fix social media playbook: *nationalize facebook and hold it to rigorous privacy and content moderation standards *break up google and make youtube robustly fund a streaming PBS *turn off x the everything app *keep linkedin the same. that'd be a good bit *begin The Tribunals

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one dozen bats at a keyboard @panasonicdx4500.bsky.social · 22/09/2026

explaining to cam skattebo that he won’t be able to play with jaxson anymore using the same hand signals they used to tell koko the gorilla her cat died

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cait (and adonis) @cait.bsky.social · 22/09/2026

Democrats will be like "you have to vote for me so we can fight against fascism" and then don't fight against fascism

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an appliance is making a weird noise that isn't on youtube @jesseltaylor.bsky.social · 21/09/2026

the value pack of ground beef at kroger is about $23, and i have to ask why sherrod brown's 50 years of extremism made this happen

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Lucy Prebble @lucyprebblish.bsky.social · 19/09/2026

I can no longer fully take in Tom Cruise’s face. My eyes move around it, trying to gain purchase, but it’s like a child’s composite of past features. I back away. ‘That’s Tom Cruise’, I tell myself, uncertainly.

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Paul F. Tompkins @pftompkins.bsky.social · 19/09/2026

It’s very simple and it’s been said over and over but I guess it needs saying continuously: if you deem one group too small to have equal rights you are enabling fascism, not fighting it. The people saying Dems are GREAT on trans rights are not paying attention and/or saying stuff like this.

Nichole Hiltz
The Democrats defend the Kennedy Center but not trans people.
A building.

@treewarrior.bsky....
maybe because defending everything about a super small minority of the population is not worth losing to fascists

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A hot dog hollers @birdrespecter.bsky.social · 17/09/2026

Do you ever feel like maybe you died a decade ago and have been living in a coma world that’s trying to give you subtle clues that your family back home is crying and telling you to go towards the light

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Punk Rock History @punkrockhistory.bsky.social · 15/09/2026

Happy Birthday to Gary Miller aka Dr. Know, guitarist of hardcore punk band Bad Brains, born September 15, 1958, Washington DC 📸 Edward Colver #punk #punks #punkrock #hardcorepunk #badbrains #drknow #history #punkrockhistory #otd

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Houlihan @houlihan.bsky.social · 14/09/2026

It was me. I was calling him.

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Rodger Sherman @rodger.bsky.social · 14/09/2026

the week nears its conclusion. darkness falls across the nation. Carrie Underwood emerges

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Better than Ezra Klein (1) @mr-sshhhhh.bsky.social · 10/09/2026

My kid and trans people across America are about to see $100 million worth of ads in the next two months about how they are what’s wrong with everything. Would it fucking kill a politician who’s supposed to be on their side to just be on their fucking side?

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Houlihan @houlihan.bsky.social · 11/09/2026

Let's gooooo 🚨🚨🚨

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Gourmet Spud @gourmetspud.bsky.social · 08/09/2026

People saying this didn't happen, there's video. They ran and ran and ran with him and they didn't stop until they hit the sea. He was crying the whole time, begging to be put down, but they said "we can't, sir, an angel told us that one day you would lead America and make it hotter than ever."

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Woodrow Peel 🆗🆒 @woodyluvscoffee.bsky.social · 06/09/2026

New vibe just dropped

Trump in top panel with ridiculous dark dyed hair and a self inflicted looking bowl cut.
Anton Chigurgh, Javier Bardem's character from "No Country For Old Men" in bottom panel with ridiculous dark dyed hair and a self inflicted looking bowl cut.

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Anna Holmes @annabookwriter.bsky.social · 03/09/2026

Every time you see a “millennials and Gen Z don’t [x thing, like owning a house or going out to dinner or broadway shows]”, go ahead and mentally substitute “can’t afford” for don’t. I have tons of friends who’d love to go to plays or mid-scale restaurants or buy napkins, but we are broke.

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Sanho Tree @sanho.bsky.social · 03/09/2026

Trump & his toady cabinet approach every problem as if they were the first to encounter it. They dismiss anyone with expertise or institutional memory as obstacles. They believe there is an easy answer to every problem that only Trump recognizes. This is how he sells MAGA to rubes & Quisling media.🧵

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Kari | ❄️Cryo Support Character❄️ @kawree.northsky.social · 30/08/2026

she really is such a pretty cat. congratulations on your new loud daughter!

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Andrew Lawrence @ndrew.bsky.social · 27/08/2026

if youre a democrat folding on hasan piker bull shit, why should i think you are going to push through on the hard stuff? do you have any idea the propaganda campaign you will be facing when you try to investigate trump corruption? the ice killers and rapists? court expansion?

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VoteHub @votehub.com · 23/08/2026

NEWS — Former Anchorage Mayor Dan A. Sullivan has endorsed Alaska Sen. Dan S. Sullivan for re-election this fall over teacher Dan J. Sullivan and former Rep. Mary Peltola, according to a post on his Facebook page.

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Dawn Summers real or fake @dawnsummers.bsky.social · 23/08/2026

If you can find common ground with Jared kusher, but not zohran mamdani, you shouldn't be in democratic leadership

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Maine's Black Lawyer @lutherevers.bsky.social · 19/08/2026

Axelrod is another great example of the Democratic ethos post-Clinton: When they go low, we remove our shinguards to make it easier for them to harm us and scold anybody who even suggests we fight back.

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Jen McGowan @iamjenmcg.bsky.social · 16/08/2026

@gilduran.com said something that kind of blew my mind “Why would anyone trust tech oligarchs to share in abundance when they claim it will happen? We already have abundance. Have they shared that?”

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World Bollard Association™️ @worldbollardassoc.bsky.social · 15/08/2026

⚠️BREAKING NEWS IN AUSTRALIA - BOLLARDS FLIP A TESLA⚠️ #WorldBollardAssociation

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Punk Rock History @punkrockhistory.bsky.social · 15/08/2026

46 years ago The Skank Man (large picture on the left as wall graffiti in Berlin) was designed by Shawn Kerri in August 1980 for the Californian hardcore punk band Circle Jerks #punk #punks #punkrock #hardcore #hardcorepunk #CircleJerks #history #punkrockhistory

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Houlihan @houlihan.bsky.social · 14/08/2026

Introduce yourself as what almost killed you. Hi, I am a rusty fencepost standing below the neighborhood climbing tree.

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Joel S. @joelhs.bsky.social · 13/08/2026

Whatever else was wrong with the United States, we truly did have a higher education system that was the envy of the world. Now we’re lighting it on fire because some people are bored and racist.

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dr. rich traditions, JD @helldude.bsky.social · 12/08/2026

take a long look in the mirror and realize something: you are not up to this. you are not fit for this moment. you don't have the mettle. step aside for someone who can rise to the occasion

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Thomas [DARK MODE], DO @tom.medsky.social · 10/08/2026

This will literally kill people here's how... During cold and flu season, pediatric offices are at max capacity. That means an individual provider might see 30-40 patients per day. If you add in extra visits for shots, that just squeezes out slots for sick babies.

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dr. rich traditions, JD @helldude.bsky.social · 10/08/2026

your gulf "partners" just learned you cannot help them. your bases have been destroyed/significantly damaged. you retreated into jordan and iran hit you there anyway. your proxy state is a deserved pariah globally and at home. the water is richly chummed and the sharks know it. seems you goofed

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Pookleblinky @pookleblinky.bsky.social · 09/08/2026

25 years from now there'll be an outbreak, and the person who would have contained it will have had to switch majors 25 years earlier due to some pedophile groyper killing their research grant for having the word "trans" show up. The people they'd have then trained, won't be there either.

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Sanho Tree @sanho.bsky.social · 08/08/2026

“We have an affordability crisis because we have a corruption crisis.”

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Art Of Coop @artofcoop.bsky.social · 06/08/2026

hard to imagine a group going this hard today both musically and lyrically youtu.be/D0Ps_bHQYlc?...

youtu.be

By The Time I Get To Arizona

YouTube video by Public Enemy - Topic

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Coach Finstock @coachfinstock.bsky.social · 03/08/2026

I'm really glad that ESPN got rid of a talented and knowledgeable dude like Ryan Clark so they could pay a sleeveless punter more money so Aaron Rodgers could be on TV complaining about Dr. Fauci. What the absolute fuck is wrong with everyone

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Luke BOO 👻 ber @coolhand.bsky.social · 02/08/2026

Oracle is going to implode worse than the Titan submersible, and potentially take more billionaires with it

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Sickos Committee @sickoscommittee.org · 02/08/2026

CANADIAN REVERSE HURDLE

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