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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Mimi @mimibbee.bsky.social · 07/10/2026

Hey, Americans. Your guy is delusional & dangerous to your citizens & the whole world. Do something.

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Shamus Brown @shamusbrown1.bsky.social · 27/09/2026

@justinling.ca nails it again. Great read w really good data on what Canadians are thinking! @mark-carney.bsky.social you’d be wise to heed his advice re: speaking with & listening to 🇨🇦s, especially wrt talking to the 🌎 & not us & your positions on Israel & Iran. apple.news/AX8vOltUyS1i...

apple.news

Opinion | Mark Carney may appeal to vast swathes of the country, but there are some things about Canadians he doesn't seem to get — Toronto Star

Rather than merely address global policymakers and CEOs, the prime minister needs to talk to more everyday voters.

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The old internet @theoldinternet.bsky.social · 17/09/2026

90 million downloads later, the creator of the “drink beer” app became a millionaire and left it all behind for life in the countryside.

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Saskboy from Saskatchewan @saskboy.bsky.social · 23/09/2026

Liberals can pretend they're Conservatives and it's okay to kill all the whales. They need to understand that's their PM's position, however. www.youtube.com/watch?v=wBaB...

youtube.com

Carney’s blind supporters are out of control.

YouTube video by Rachel Gilmore

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The Serfs (youtube.com/theserfstv) @theserfstv.bsky.social · 22/09/2026

Seniors are being arrested protesting Mark Carney's complete capitulation to the oil and gas industry. They're wearing pictures of their grandchildren

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Olga Nesterova @onestpress.onestnetwork.com · 22/09/2026

UN says "US' strikes on alleged drug boats are crimes against humanity".

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Dovewoman 💙 🇺🇦 💙 @dovewoman.bsky.social · 19/09/2026

The Kennedy Center Was Financially Viable Until Trump Took It Over… Sales Slumped, Donations Dried Up & Artists Withdrew. #ETTD #Blues

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Max Fawcett @maxfawcett.bsky.social · 17/09/2026

This is the part many Americans -- including the Bezosites at the Washington Post -- don't understand. Canadians don't see this just as a Trump thing. It's that America elected him twice, and the second time with an even bigger mandate. The problem we're addressing is America, not Trump.

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The Canadian Border 🇨🇦 @canadianborder.bsky.social · 12/09/2026

Seen a lot of these, but this one is my favourite 😎

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talia jane @taliajane.bsky.social · 09/09/2026

Have just been notified of a call to counter a far-right demo this evening. The demo plans to march from Canal St/Broadway to City Hall & the 9/11 Memorial, according to an AI flyer made by the organizers. The call to counter merely added text directing people to show up against “MAGA hate.”

i’m sorry but this flyer is too ugly and convoluted to do a proper alt on. in summary, it’s ai slop called “march for america” with a map starting at canal st/broadway and going to city hall, then the 9/12 memorial.

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Patton Oswalt @pattonoswalt.bsky.social · 05/09/2026

Apparently people are sharing this far and wide on social media, which I think is horrible. This could cripple ICE operations. PLEASE do not share this.

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Reposted by Mike Adamson 🇨🇦

Charlie Angus @charlieangus104.bsky.social · 06/09/2026

It is all hands on deck moment for Canada. Some Canadian companies like Chapman's are stepping up. Meanwhile other companies like Loblaws are undermining the boycott to make a buck. Name and shame them. @meidascanada.ca youtu.be/zIRbE3oMEwM?...

youtu.be

ALL HANDS ON DECK FOR CANADA

YouTube video by Charlie Angus

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Emma Evans @trance.bsky.social · 06/09/2026

I can't stop laughing at this www.youtube.com/watch?v=SQTX...

youtube.com

Typical Steven Seagal fight

YouTube video by JankyTV

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Allison Gill @muellershewrote.com · 04/09/2026

NEW: The federal prosecutor who charged ICE agent Christian Castro for lying about shooting Sosa-Celia has now been FIRED. He objected to the DoJ stopping him from charging a civil rights violation. And now he’s fired. www.cbsnews.com/news/ice-min...

cbsnews.com

Federal prosecutor fired after investigating ICE officer for civil rights offenses in Minnesota shooting, sources say

A federal prosecutor in Minnesota who was investigating an ICE officer for possible civil rights crimes has been fired, four sources familiar with the matter told CBS News.

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Keri @keriqbaum.bsky.social · 03/09/2026

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Reposted by Mike Adamson 🇨🇦

Karl Schamotta @karl-schamotta.bsky.social · 04/09/2026

God-level badassery: Canadian Constable Sukhvinder “Suki” Singh Sunger, Drum Major of the Vancouver Police Pipe Band making history at the Edinburgh Military Tattoo: timesofindia.indiatimes.com/world/rest-o...

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David Dayen @ddayen.bsky.social · 02/09/2026

We're entering a seriously dangerous moment as the common carrier Postal Service is roused to meddle in the democracy and put millions of ballots at risk. Bob Kuttner has the latest. prospect.org/2026/09/02/t...

prospect.org

The Postal Service’s Destruction of Democracy - The American Prospect

New details from a whistleblower provide new cause for alarm. Will the courts intervene in time?

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Robert Reich @rbreich.bsky.social · 31/08/2026

The lesson of history is that tyrants cannot be appeased. Appeasement only feeds their insatiable hunger for power. Tyrants prey on people who feel unsafe and vulnerable. But without mass submission, a tyrant is powerless. Remember this.

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Reposted by Mike Adamson 🇨🇦

Cat Alyst 🏳️‍⚧️🇨🇦 (they/them) @catalystmeow.bsky.social · 01/09/2026

LOL! I came across a xenophobe who said, “If I could find a country that didn't take immigrants in I'd move there”. The irony! 😆

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Wear The Peace @wearthepeace.bsky.social · 29/08/2026

A child attending his first-ever live concert was brought on stage by British rock band IDLES in Belfast, Ireland. When asked to say one thing to his people, he shouted “Free Free Palestine.”

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Alejandra Caraballo @esqueer.net · 20/08/2026

I've never seen such an effort to censor a document as I have the Amnesty International report on gender critical groups because of JK Rowling. They removed the report from the Wayback Machine and now I got a DMCA strike on my Google Drive for having it. It was deleted and removed from my account.

A screenshot of an email viewed in dark mode with the subject line "Google DMCA Violation." The email from Google informs the recipient that they have received a notification under the Digital Millennium Copyright Act (DMCA) that some of their materials allegedly infringe on copyrights. It explains the removal process, mentions that notice details will be posted on Lumen, warns against repeated violations, and lists one affected Google Drive URL at the bottom

A nearly identical mobile browser screenshot of the Internet Archive's Wayback Machine. It shows a search for the same Amnesty International UK resources URL, resulting in the same message: "This URL has been excluded from the Wayback Machine."

A mobile browser screenshot of the Internet Archive's Wayback Machine. A URL for an Amnesty International UK resources page is entered in the search bar, but the page displays the message: "This URL has been excluded from the Wayback Machine."

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mtsw @mtsw.bsky.social · 17/08/2026

cool we finally discovered what the military equivalent of bankrupting a casino is

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Charlie Angus @charlieangus104.bsky.social · 15/08/2026

In advance of the latest round of trade talks the US side is getting more belligerent while Canadian media voices are pleading for us to be nice. My thoughts on why signing a trade deal under these terms is bad news for Canada and the PM's credibility. #nocusmanoboozma youtu.be/VfRHur9o_zM?...

youtu.be

STUFF YOUR TARIFFS - THE MESSAGE FROM CANADA

YouTube video by Charlie Angus

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Scott Fish @scottfish.bsky.social · 13/08/2026

Play in our pickem league! Simply pick the winner of each game, each week. Not dealing with spreads, just the straight up winner. Win a signed Ja'Marr Chase Jersey randomly given to a participant! + something for the winner! fantasycares.org/campaign.php...

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The Tennessee Holler @thetnholler.bsky.social · 12/08/2026

“Socialism is a scareword they have hurled at every advance the people have made… socialism is their name for most anything that helps the people. 1952. Truman. This is how stale their desperate fearmongering is. cc: @MarshaBlackburn

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Charlie Angus @charlieangus104.bsky.social · 09/08/2026

Headlines in all major Canadian publications claim that Jewish families are "fleeing" Canada and that antisemitism is as bad as Nazi Germany 1933. The coverage is total bullshit but gives a perfect platform for MAGA to raise new threats against us. My latest: youtu.be/4j0-Ly56ZGo?...

youtu.be

CLICK BAIT OF HATE - HOW CANADIAN MEDIA SPIN THE GENOCIDE

YouTube video by Charlie Angus

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eddietg51-42.bsky.social @eddietg51-42.bsky.social · 09/08/2026

More cops have been arrested for using flock cameras to stalk women than there are trans athletes in youth sports.

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✨🌸Astrid Indigo🌸✨ @astridindigo.bsky.social · 05/08/2026

Y’all, I am *so* close to 1k followers 😩😭🤌🏼🤌🏼 Help ya girl out? 🥺🙏🏼😁💖

Astrid Indigo
@astridindigo.bsky.social
915 followers
999 following
11.5K posts

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The Liberal BoJack @thelibbojack.bsky.social · 04/08/2026

More cops have been arrested for using flock cameras to stalk women than there are transgender athletes in youth sports.

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Moms Clean Air Force @momscleanairforce.org · 29/07/2026

California just became the first major grid system on the planet to generate more than 50% of its electricity from solar across an entire month.

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EH! @eh-now.bsky.social · 28/07/2026

Somewhere in the Yukon, a phone rings and someone finds out they finally have a doctor. 🇨🇦 The territory has been calling people off its waitlist as twelve new physicians arrive. The list is roughly half what it was in January. Good news from the North. - EH! Canada’s Social Network ❤️

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Massimo (mirror) @rainmaker1973-m.bsky.social · 26/07/2026

Imagine waiting 70 years to see your sibling again. Original post

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