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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Mike Drucker @mikedrucker.bsky.social · 05/10/2026

Just saw someone say their AI runs their fantasy football team and I can’t stop laughing. Like, I’m sure everyone’s doing it or something but it’s very funny to me that pretending to be a team manager was so hard that you needed to pretend to pretend to be a team manager

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Talkin' Baseball @talkinbaseballbot.bsky.social · 01/10/2026

Munetaka Murakami champagne celebration interviews are must-see TV

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much ado about muffin @muffindoin.bsky.social · 30/09/2026

okay here's 6 www.nytimes.com/2023/11/11/u... www.nytimes.com/2024/09/18/u... www.liberalcurrents.com/mass-deporta... www.washingtonpost.com/politics/202... www.latimes.com/politics/sto... www.wsj.com/us-news/trum...

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Aaron Rupar @atrupar.com · 29/09/2026

Jack Smith: "Our investigation developed proof beyond a reasonable doubt that President Trump engaged in serious crimes against our nation ... rather than accept his defeat in the 2020 election, he engaged in a criminal scheme to overturn the results and prevent the lawful transfer of power"

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Hannah Vardit @hannahvardit.bsky.social · 29/09/2026

i worry that men think being A Good Guy is dramatically and heroically intervening on behalf of an endangered woman and then being publicly rewarded on a grand scale when actually being A Good Guy is just usually saying, “hey man that’s not funny” or “wow that’s fucked up” and there is no reward

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Aaron Rupar @atrupar.com · 29/09/2026

Jack Smith: "History teaches that the rule of law is rarely destroyed all at once. It's often weakened by attacks on the institutions and the public servants sworn to uphold it. Since January 2025, we have witnessed precisely such an effort."

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Patrick De Haan @gasbuddyguy.bsky.social · 09/09/2026

with diesel prices $2.25/gal higher than a year ago, businesses are paying $284 million more per day on diesel, while gasoline stands $1.02/gal higher than a year ago, consumers are paying $377 million more per day, adding up to a *$4.63* billion additional surcharge every week

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Kevin M. Kruse @kevinmkruse.bsky.social · 08/09/2026

Is it a big deal that the U.S. president is telling insane lies that he personally rushed to the site of 9/11 and heroically acted like a first responder himself? Sorta seems like it should be! Maybe?

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The Author, Séamas O'Reilly @seamas.bsky.social · 08/09/2026

Have seen this Nature piece about the effects of X's algorithm mentioned again and it bears repeating; exposure to a right wing algorithm makes you - measurably and predictably - more right wing, even after you stop using it. www.nature.com/articles/s41...

nature.com

The political effects of X’s feed algorithm - Nature

Among users initially on a chronological feed, 7 weeks of exposure to X’s algorithmic feed in 2023 shifted political attitudes and account-following behaviour in a more conservative direction compared...

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 26/08/2026

They disinvented the VCR. You might think that the reason we don't have VCRs anymore is because VCRs were supplanted by DVDs, PVRs and streaming, but that's not the case. They had it in for the VCR from the very start, and they never stopped trying to kill it. Eventually, they succeeded. 1/

A 1960s family living room in which a mom, dad and two kids are mesmerized by a cabinet-style TV. The image has been altered. The TV has an early 1990s VCR atop it. The TV screen is displaying a cross-sectioned human head with brains and spine on display. A huge fist has materialized in the room, with bloody spiked knuckle-dusters, smashing into the VCR. The oil painting over the sofa has been replaced with a pulp image of a male head, its cranium removed and replaced by a dome. Inside the dome is a red eight-segment VCR clock, displaying 12:00. The background in the painting is a tangle of cassette tape. The whole image's colors have been boosted, giving it an overexposed look.

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Peter Sagal @petersagal.bsky.social · 26/08/2026

I don’t know how Cory knows this stuff, or how he can write so much of it so often, but each of these essays are invaluable. Here he answers a question I’ve wondered about, but never thought to look into: What happened to the TiVo?

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Noah Berlatsky @nberlat.bsky.social · 17/08/2026

I have to say it does seem like, "the president and his wife are separated because of his very public adultery and now he's sleeping with an aid who is fifty years his junior" would be a bigger story in most admins.

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ryan cooper @ryanlcooper.com · 18/08/2026

amusing to see them attempt this move. we’re all trying to find the egregious shithead pedophile president who destroyed any semblance of decency and propriety in public life

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Sarah Taber @sarahtaber.bsky.social · 18/08/2026

The ag lobby really, really, really, really, really, really, really wants you to think AI is the reason reservoirs are going empty. It's not. It's agriculture.

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Jen Taub @jentaub.bsky.social · 17/08/2026

“A single-payer universal health care system could cover every American, save more than 100,000 lives a year, and still cost $1 trillion less than the system it would replace, according to a new preprint study led by researchers at the Yale School of Public Health.” ysph.yale.edu/news-article...

ysph.yale.edu

Universal Health Coverage Could Save $1 Trillion and 114,000 Lives Every Year, Yale Study Projects

A single-payer universal health care system could cover every American, save more than 100,000 lives a year, and still cost $1 trillion less than the system it

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Brooke from Let’s Not Date @letsnotdate.bsky.social · 05/08/2026

I’m here to break the hearts of ICE supporters

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Lee Cronin’s Pablo Hidalgo @infinata.bsky.social · 04/08/2026

Never gonna shake the accusation that his staff shows him AI videos.

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Erin Dwyer aka Ginger Is A Construct @erindwyer.bsky.social · 28/07/2026

Was just talking with a friend about how jeans, a red checked button down shirt and a newspaper from that day is an easy dead Mitch McConnell Halloween costume and now she sends me this:

The scene from Devil Wears Prada where Emily Blunt and Gisele Bundchen are dressed like stylish snobs asking straight brown haired Anne Hathaway what she’s wearing only now Hathaway is in a red checked button down and the print says “are you wearing the MIT…” “the Mitch McConell proof of life photo ensemble? Yes I am.”

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Adam Serwer @adamserwer.bsky.social · 25/07/2026

It is genuinely bizarre that we’ve become acclimatized to right wingers throwing a tantrum every time a black person (particularly a black woman) is cast in something, but are also supposed to pretend that this is not racism but related to some other substantive concern.

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Last Week Tonight with John Oliver @lastweektonight.com · 17/07/2026

Trump’s primetime speech tonight will reportedly contain yet another effort to discredit the 2020 election, so here’s a quick refresher on the greatest hits of his election-denial claims that immediately fell apart!

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Chris Steller @chrissteller.bsky.social · 16/07/2026

Someone just sent me this photo from Chicago, unbelieveable

Album cover photo of the Marina apartments in Chicago for Wilco's Yankee Hotel Foxtrot CD

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Lee Cronin’s Pablo Hidalgo @infinata.bsky.social · 15/07/2026

In classic rules, the fox can move forward two spaces each turn (fig 3.1)

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Paul Nadeau @pauljnadeau.bsky.social · 12/07/2026

Not to make this all about America, but things like this, the Tartan Army, the Cape Verde story, Bosnia-Herzegovina and others are good illustrations of how you can be proud to be where you're from and confident in your identity while being kind and gracious and without being a complete dingleberry

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Bi of Hormuz @blbiofhormuz.bsky.social · 09/07/2026

I think people have a hard time intuitively understanding that this method of inquiry is far more effective than debating fascists. They're all bad faith crazy talkers. You gotta uno reverse that shit.

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kyleayers.bsky.social @kyleayers.bsky.social · 07/07/2026

Not saying that game was stolen from Egypt but it is now on display at museum in London.

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Jason Kirk @jasonkirk.fyi · 07/07/2026

The USMNT and Knicks being really good except for the precise moment when Trump involves himself is really funny

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Bill Kuchman @billkuchman.bsky.social · 02/07/2026

"The Park Service, in a separate document, similarly said that people should ‘wear an n95 mask when outdoors’ and ‘remain indoors as much as possible during and after the show.’” The guidance is to remain indoors ... during the fireworks. www.washingtonpost.com/climate-envi...

washingtonpost.com

Fireworks on Mall likely to cause hazardous air pollution, documents show

Internal modeling shows the July 4th fireworks display will cause hazardous pollution around the Mall and “very unhealthy conditions across central D.C.”

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Lee Cronin’s Pablo Hidalgo @infinata.bsky.social · 01/07/2026

Had to dig up a hard copy for this one.

The Onion headline: Ska Band Outnumbers
Audience

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Jay Willis @jaywillis.net · 30/06/2026

The legal arguments for Trump's birthright citizenship executive order are vapid and embarrassing. Multiple lower court judges legit laughed DOJ lawyers out of the room. The fact that four Supreme Court justices twisted themselves into logical pretzels to buy it is a constitutional emergency.

ballsandstrikes.org

The Constitution Is On Life Support

Four justices are prepared to stuff the Fourteenth Amendment’s promises in the garbage because Mister Trump demands it.

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mtsw @mtsw.bsky.social · 30/06/2026

This is a really clever answer on the filibuster:

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Max Kennerly @maxkennerly.bsky.social · 29/06/2026

One thing I'll never understand is the perception of Trump as a "successful businessman." His reputation has *always* been "cheap shit," from the vodka to the steaks to the airlines and, of course, the casinos that lost money despite being run as cheaply as possible and never paying subcontractors.

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Gene Ha creator of 2026 IL Reads pick MAE The Definitive Edition @geneha.com · 28/06/2026

In the concept art this arch was supposed to be a perfect miniature of Trump's planned 250 ft (76m) tall arch. The rushed and limited planning time led to this Home Depot scrap plywood wrapped in vinyl debacle.

Contrasting photos of the Freedom 250 concept art the Trump's state fair, with a fully detailed miniature triumphal arch, and and actual photo of the event with a crude plywood wrapped in vinyl sheeting arch.

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Marisa Kabas @marisakabas.bsky.social · 25/06/2026

and this isn't just some random evil racist congressman. he's the majority whip, the third most powerful member of the house! this *is* the party.

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ryan cooper @ryanlcooper.com · 24/06/2026

righteous paragraph. I don't think I'm alone in being sick to fuckin death of hearing about Donald Trump

For a year and a half, we have watched an 80-year-old demented, effluvient, affluenza patient stifle our economy, trample our constitution, terrorize our neighbors, insult our sacred traditions, threaten our allies, promise genocide, guarantee holocaust, and start (then promptly lose) an illegal war, the consequences of which we will be living with for a generation. They call him the “king of deals,” but he’s bankrupted six casinos. At every turn, we’re reminded why. We’ve watched as a talentless totem of meaningless celebrity gutted scientific research, pardoned traitors, paid off terrorists, tortured families, murdered innocents, and wrapped himself in the flag of freedom while demanding our gratitude for each humiliation. We see the rosy-cheeked marionette, Speaker Mike Johnson, stumble through some absurd denial of any knowledge of the day’s most significant event to avoid the risk of an octogenarian making a mean post about him. The Supreme Court scrapes and bows and invents new dogmas to crown him godking. The media stumbles around, drunk on the fumes of his power and attention, no matter how bitter the glass. Meanwhile, we are treated as if we cannot taste, read, or hear.

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Andy Craig @andycraig.bsky.social · 22/06/2026

That the CIA had nothing to do with it and Nixon tried to have them lie to the FBI and say they did is, like, the whole scandal. We literally have it on tape!

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Paul Collins @paulcollins.bsky.social · 21/06/2026

Mark Singer's obit reminded me how in 1990 Spy magazine sent 58 prominent people $1.11 checks for an unexplained "overcharge... for services rendered." 26 signed it. Then Spy sent 64¢. Half signed that. Then they sent 13¢. Two cashed it: arms dealer Adnan Khashoggi, & you can guess the other.

Screenshot from the New York Times obituary for Mark Singer: "Mr. Singer sent a mock thank you to Mr. Trump for the publicity, which apparently bumped his book higher on the Amazon book charts. He also enclosed a check for $37.82, “a small token of my enormous gratitude,” he wrote.

Mr. Trump returned the letter with an all-caps note at the bottom, reading, in part, “MARK — YOU ARE A TOTAL LOSER.”

Mr. Trump also cashed the $37.82 check, Mr. Singer later said. Mr. Singer framed a photocopy of it for his apartment."

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Linda Blair @mjmbca.bsky.social · 21/06/2026

Maybe it’s naïve at this point, but it bothers me that filing pertinent information away for a future book while working as a journalist isn’t considered a conflict of interest.

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John Muller @johnspacemuller.com · 19/06/2026

Incredible things happening in England

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Jen Bendery @jbendery.bsky.social · 18/06/2026

Here at the Reflecting Pool where a big chunk ofTrump's blue paint-apoxie has peeled off the bottom of the pool and is bobbling in the water.

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