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JKoz

@jkoz.bsky.social
290 followers 128 following 11 posts
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Reposted by JKoz
Jake Grumbach @jakemgrumbach.bsky.social · 6h
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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Zoë “Baddie Proctor” Quinn @unburntwitch.com · 20h
Seriously, please don't be too shy or polite to ask for ICE whistles if you need them, especially in SoCal. A bunch of us have stockpiles all ready to go in case of surges, if you have the ability to pass them out, we have the whistles!
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God @thegodshow.com · 20h
Thou shalt not kill people on live stream. THOU SHALT NOT KILL!!! HOW MANY FUCKING TIMES DO I HAVE TO SAY IT?!
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Kirsten MacI- 🧸 @kirstensaidwhat.bsky.social · 20h
People always say the ultra wealthy will move away if they are taxed! Ok, go then! You aren’t contributing anyway!
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Beth @beth-dixon.bsky.social · 18h
Kick ICE AND Flock cameras out of NYC!
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Laura Bassett @lebassett.bsky.social · 21h
“If you don’t like public executions just don’t watch it” says the crowd trying to ban drag shows and books
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BrooklynDad_Defiant! @mmpadellan.bsky.social · 15h
ICE agents fired into the back of a car with a 5 year old inside, trying to arrest a guy. Miraculously, she survived. If you're not furious about what happened in the Bronx yesterday, you're not paying attention. FUCK ICE.
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The Daily Show @thedailyshow.com · 21h
Kimberly Guilfoyle Caught Begging Trump Donor to Pay Her $100K Amex Bill
youtu.be
Kimberly Guilfoyle Caught Begging Trump Donor to Pay Her $100K Amex Bill | The Daily Show
YouTube video by The Daily Show
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Jack Jenkins @jackjenkins.me · 23h
“A member of Congress at the scene confirmed to The Intercept that there was a child in the victim’s car when ICE agents shot at it.” theintercept.com/2026/10/08/i...
theintercept.com
ICE Agent on Scene of NYC Shooting Was Posing as Construction Worker, Eyewitness Says
A member of Congress at the scene confirmed to The Intercept that there was a child in the victim’s car when ICE agents shot at it.
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Chris Kluwe @chriswarcraft.bsky.social · 21h
Love that my opponent is trying to paint me as someone who wants political violence and meanwhile her party is going to execute someone on live tv (after already murdering multiple citizens in the streets and fishermen in boats)
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Patton Oswalt @pattonoswalt.bsky.social · 22h
Gawt DAMN
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Hands Off NYC @handsoffnyc.bsky.social · 08/10/2026
ICE just shot someone in the Bronx.
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George Takei @georgetakei.bsky.social · 23h
Trump promised DOGE checks, tariff rebates, and a $5,000 dividend if Republicans hold Congress. Most of it was noise. But $500 checks are quietly going out to ACA enrollees just weeks before the midterms. The fine print may be his most brazen vote-buying scheme yet.
thinkbigpicture.substack.com
Trump Has Resorted to Bribing Voters Ahead of the Midterms. But Will It Work?
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The Associated Press @apnews.com · 08/10/2026
The U.S. is experiencing its worst measles outbreak since 1991. These graphics show the scale of the crisis.
bit.ly
Measles is surging in the US. These graphics show how bad it has gotten
The U.S. is enduring its worst year for measles since 1991. Since the beginning of last year, large outbreaks have been reported in several states, including Texas, Utah, South Carolina and, now, Pennsylvania.
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Jason Furman @jasonfurman.bsky.social · 08/10/2026
This is what crowd out looks like.
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KARE 11 @kare11.bsky.social · 08/10/2026
A new report claims the guardrails on ChatGPT for Teens don't work as intended. Here's what the report found. (Photo: AP)
kare11.com
Some guardrails on ChatGPT for Teens don't work as promised, watchdog group says
A new report claims the guardrails on ChatGPT for Teens don't work as intended. Here's what the report found. (Photo: AP)
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KARE 11 @kare11.bsky.social · 08/10/2026
Hudson was not charged despite having his gun on him while being intoxicated.
kare11.com
Rep. Hudson during Engen's DWI stop: 'He's cutting me a major break'
Hudson was not charged despite having his gun on him while being intoxicated.
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God @thegodshow.com · 08/10/2026
Fuck you.
Trump from Oval Office says: “I could’ve done very bad things to Hillary Clinton. I could’ve done very, very bad things to Joe Biden. I could’ve done very bad things to Barack Hussein Obama. I can do whatever I want, if I want.”

Man, fuck that guy.
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Chris Kluwe @chriswarcraft.bsky.social · 07/10/2026
If I ran a website that gave teens advice on how to commit suicide I would go to jail
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God @thegodshow.com · 07/10/2026
Trump cheats at golf every single time he plays. He will do absolutely everything possible to steal this election. He recently asked his supporters to pledge to “cheat like hell” at a rally.
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Adam Kinzinger @adamkinzinger.substack.com · 07/10/2026
No matter how many Dems win the senate or house, it won’t be enough given how much damage Trump has done to our nation
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Your Girl Slothy @slothymcslothface.bsky.social · 07/10/2026
A retreat for future presidents that DEFINITELY doesnt have hidden mics to get blackmail material😏
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Alt National Park Service @altnps.bsky.social · 07/10/2026
Why does another presidential retreat need to be at a property owned by the sitting president? Calling it a gift to future presidents doesn’t erase the obvious conflict of interest.
washingtonpost.com
Trump wants to turn his West Palm Beach golf club into the new Camp David
The plan calls for the federal government to be granted part of the property, with the rest maintained as a private course.
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Alt National Park Service @altnps.bsky.social · 07/10/2026
Well isn’t this self-serving? The White House confirmed that the Trump administration has asked officials to look into creating a presidential retreat at Trump’s own golf club in Palm Beach “for future Presidents.” We already have Camp David.
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Alt National Park Service @altnps.bsky.social · 07/10/2026
Trump said he would start paying for the political TV ads himself, but the White House clarified that he won’t pay back the federal government for what’s already been spent. About $11.5 million had already been spent airing the ads as of midday Tuesday, October 6th.
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Brad Takei @bradtakei.bsky.social · 06/10/2026
Every word of this.
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Alt National Park Service @altnps.bsky.social · 06/10/2026
According to the complaint, she was told “the President wants this investigation.” Fields also says agents were pulled off active cartel cases to satisfy political demands, and she faced retaliation for refusing to participate.
padilla.senate.gov
Padilla Announces Troubling New FBI Whistleblower Disclosure: White House Allegedly Directed Kash Patel to Investigate LA Protesters Exercising 1st Amendment Rights - Senator Alex Padilla
Whistleblower reveals White House, DOJ leadership, and FBI leadership pressured FBI employees to illegally investigate protesters of this Administration’s cruel mass deportation agenda FBI leadership ...
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George Takei @georgetakei.bsky.social · 06/10/2026
It was only a matter of time.
comicsands.com
Fox News Just Announced That Karoline Leavitt Is Joining The Network—And Everyone's Saying The Same Thing
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Chris Kluwe @chriswarcraft.bsky.social · 06/10/2026
(The AI stuff also includes generated video of me in a Vikings uniform, which, I’m pretty sure the NFL does not approve of? Feel free to let them know!)
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The Associated Press @apnews.com · 06/10/2026
The shock gloves immigration agents could soon use to control detainees worked so powerfully during a military exercise that participants felt intense pain, stopped fighting and feared additional exposures.
bit.ly
Army study found shock gloves purchased by ICE cause pain, compliance and fear
The shock gloves immigration agents could soon use to control detainees worked so powerfully during a military exercise that participants felt intense pain, stopped fighting and feared additional exposures.
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George Takei @georgetakei.bsky.social · 06/10/2026
Rules for thee but not for me.
comicsands.com
Trump Just Urged MAGA To 'Vote By Mail' To Help Out Republicans In New Video—And The Hypocrisy Is Off The Charts
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NBC News @nbcnews.com · 06/10/2026
David “Davey” Hearn is demanding investigations into the Reflecting Pool case by watchdogs, a request that came days after a judge barred U.S. Attorney for the District of Columbia Jeanine Pirro from ever bringing Reflecting Pool-related charges against Hearn.
nbcnews.to
Former Olympic canoeist asks government watchdogs to probe ‘nightmare’ Reflecting Pool case
The Trump administration’s “sprint” to charge Olympic canoeist David “Davey” Hearn, his attorneys wrote, “mirrored the rushed renovation itself.”
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NBC News @nbcnews.com · 06/10/2026
The Trump administration pushed the FBI to investigate Los Angeles protesters in violation of their constitutional rights and the bureau’s policies, a former FBI supervisor alleges in a new whistleblower complaint.
nbcnews.to
FBI whistleblower says White House pushed unconstitutional probe of protesters
The former analyst says supervisors were told not to put things in writing, so many of the directives came in face-to-face meetings.
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George Takei @georgetakei.bsky.social · 06/10/2026
Completely unfit for office.
comicsands.com
MAGA Colorado Gubernatorial Candidate Slammed After Video Of Him Laughing About Violently Assaulting His Wife Resurfaces
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4fuxake @blueheartedly1.bsky.social · 04/10/2026
Truth 👇
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The Associated Press @apnews.com · 04/10/2026
A U.S. Marine was arrested for the alleged murder of a woman on the island of Okinawa, triggering outrage from Japan.
bit.ly
US Marine arrested for alleged murder of a woman on Okinawa, triggers outrage from Japan
Japanese police said Sunday they have arrested a U.S. Marine for the alleged robbery and murder of a woman on Okinawa.
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God @thegodshow.com · 04/10/2026
I don’t give a damn if Theo Von and Joe Rogan change their tune and become full-out Democratic socialists. They will say whatever is deemed widely popular in the moment to retain their podcast audiences. They gave you Donald Trump.
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👩‍🌾 @paigeseber.bsky.social · 03/10/2026
Hey team just a reminder that last year we all promised to get our flu shots in Mickey’s honor. It’s about that time. CVS has “coupons” for the uninsured. Go get a flu shot! #bb28
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NBC News @nbcnews.com · 02/10/2026
More than 10,000 ICE officers whose training was expedited during a hiring surge aimed at boosting the Trump administration’s mass deportations efforts are now being required to undergo additional training, sources say.
nbcnews.to
More than 10,000 ICE officers to receive additional training
The enhanced training is for officers who received expedited training during a hiring surge last year to help the Trump administration boost its immigration arrest numbers, sources say.
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NBC News @nbcnews.com · 02/10/2026
A Venezuelan delivery driver who was shot by a federal immigration agent in Texas had surgery to remove the bullet lodged in his back for nearly two weeks.
nbcnews.to
Venezuelan delivery driver shot by ICE has surgery to remove bullet
Wilber Rafael Garces Perez, 28, appeared in court in a wheelchair on Wednesday, wearing a sling on his arm. He remains in custody.
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Alt National Park Service @altnps.bsky.social · 01/10/2026
Senior leaders at Customs and Border Protection were left out of the decision to use their agency’s funds for a national ad campaign featuring Trump. They found out from a news report. Trump isn’t smart enough to come up with this himself. Our guess? Stephen Miller.
nbcnews.com
CBP leaders cut out of Trump ad buy decision
Customs and Border Protection Commissioner Rodney Scott and other leaders at the agency learned from a news report that national ads highlighting Trump were paid for with CBP funds.
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The Big Picture @readthebigpicture.bsky.social · 01/10/2026
Let's keep sharing it.
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Adam Kinzinger @adamkinzinger.substack.com · 01/10/2026
The Trump administration's scare tactics ahead of the midterms have hit a usual refrain: "migrant caravan." In reality, it's about 600 people (mostly families) who are 1,000 miles from the border. Just when gas prices keep climbing, Trump world is looking for a distraction. This is their attempt.
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NBC News @nbcnews.com · 30/09/2026
The FBI renews its search for a former Alameda County firefighter who investigators believe may have faked his own death while facing federal charges on child sex abuse images.
nbcnews.to
Former California firefighter may have faked death to evade child sex abuse images charges, FBI says
Federal authorities renewed their search for Charles Johnathen Harris, believing his reported 2023 drowning in Suisun Bay may have been staged.
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NBC News @nbcnews.com · 30/09/2026
NBC News gathered nine volunteers to check the same StubHub ticket at the same time for Harry Styles’ Oct. 30 concert. They saw eight different prices.
nbcnews.to
For the same ticket on StubHub, different prices for different people
NBC News volunteers saw eight different prices for the exact same Harry Styles ticket on StubHub. The company said it’s running random price experiments.
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GripNoir @gripnoir.bsky.social · 30/09/2026
"The plan premium covers only the price of carrying the Medicare Advantage card separate from the price of using it. That is the trick baked into a $0-premium comparison. The number on the front of the ANOC held flat. The lines that moved sit 5 pages deeper." #MedicareAdvantage #AnnualNoticeOfChange
247wallst.com
Your ANOC's First Page Says $0 Premium Again for 2027. Page Six Says the Hospital Copay Went From $295 a Day to $395, in the Same Size Type
Your Medicare Advantage plan kept its $0 premium for 2027, but buried deeper in that ANOC packet is a number that could cost you hundreds more for a single hospital stay, and most enrollees never read...
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God @thegodshow.com · 30/09/2026
He’s obviously removing all anti-trump leaders ahead of a ‘national emergency’ so they can halt elections and seize permanent control.
Hegseth confirms that the US military will cut 20% of its generals and admirals
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NBC News @nbcnews.com · 30/09/2026
OpenAI leaders decline to attend a congressional hearing to examine Rogue AI models and their impact on homeland security, according to the subcommittee’s chairman, Senator Josh Hawley.
nbcnews.to
OpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents
Sen. Josh Hawley, R-Mo., said it is “unfortunate” that Altman and his company will not participate in Wednesday’s hearing but said the company will provide written answers.
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Amy Klobuchar @amyklobuchar.com · 30/09/2026
One Wisconsin billionaire is behind a Super PAC that has raised $14 million for attack ads against me. Help us fight back today: amyklobuchar.com/donate
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