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JBH

@mrjessebh.bsky.social
455 followers 374 following 8 posts

Unconcerned but not indifferent

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Reposted by JBH
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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Chris Hayes @chrislhayes.bsky.social · 07/10/2026
No AI for kids. Full stop.
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Dustin A. Chacón @lingdustin.bsky.social · 02/10/2026
I've heard people make claims that AI would lead to a new Renaissance, but I didn't imagine it'd happen like this:
Screenshot of a Tweet from Pope Leo XIV. It reads: 

"In this era of artificial intelligence, it is becoming urgen to distinguish human art from what machines produce. There is an ontological difference, even before an aesthetic one, between art and what a machine can generate through statistical calculation based on millions of images created by others. Algorithms lack the spark of humanity. For this reason, the Church wishes to renew an alliance with artists and cultural institutions to safeguard our humanity."
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#VeryAsian Eric @ektaka.bsky.social · 24/09/2026
Third-country removal isn't deportation. It's human trafficking by the federal government.
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Scott Horton @robertscotthorton.bsky.social · 22/09/2026
NYT has now independently corroborated all the major allegations against Susan Collins in the ProPublica report, including that investigators were prepared to move against her and then Trump intervened to shut it down. This put Trump in a position of exceptional and extortionate leverage over her.
nytimes.com
F.B.I. Shut Down Inquiry Into Top Ally of Senator Susan Collins
The inquiry was closed last year because senior bureau officials questioned the veracity of a campaign donor’s account, according to current and former officials.
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Ben Collins @bencollins.bsky.social · 21/09/2026
Zohran post about filling one pothole: We filled our 2,000th pothole! Wow! New York is the greatest city in the world! Zohran post about meeting with the president: Some guy was here and that is now over.
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Wajahat Ali @wajali.bsky.social · 21/09/2026
www.theguardian.com/food/2026/se...
theguardian.com
‘Don’t spend $20 on an acai bowl’: gen Z are shunning private equity’s restaurant takeover
As more PE firms invest in food establishments, people are bemoaning the ‘same-ification’ of NYC’s restaurant scene
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Micah @rincewind.run · 21/09/2026
congratulations to everyone on reinventing Worse Cable
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Eoin Higgins @eoinhiggins.bsky.social · 20/09/2026
You’re right—that plane shouldn’t have gone there. That’s my fault, and I should have made sure there wasn’t a terminal in the landing path. Would you like me to call emergency services, or assist with lining up takeoffs?
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Alex Ip 葉清霖 @alexip718.com · 18/09/2026
This guy who assaulted a sitting member of Congress got 28 years and 10 months less jail time than a Texas resident who transported a box of zines that contained constitutionally protected content opposing ICE reason.com/2026/06/25/t...
reason.com
Texas man gets 30 years in prison for transporting 'anti-government' pamphlets
The case stems from a violent anti-ICE protest, but critics say the government's prosecution threatens First Amendment rights.
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eliko thalia @museinrevolt.bsky.social · 17/09/2026
just learned this today
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darth™️ @darthbluesky.bsky.social · 16/09/2026
real inspiring pitch jd lol
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MadGreek 🧿 @madgreek2024.bsky.social · 09/09/2026
The world has gone mad! Folks getting arrested under the UK Terrorism Act for holding a sign that said "I oppose genocide" 🇬🇧 That is fucked up! The majority of those arrested have been pension aged women, often with disabilities. Do these folks look like terrorists? Shame on you England. #Free 🇵🇸
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zach @extrafabulous.bsky.social · 31/08/2026
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Bill Grueskin @bgrueskin.bsky.social · 28/08/2026
US media: Why in the world are people voting for democratic socialists? Financial Times: “US corporate profits have hit a record high while workers’ slice of the pie has sunk to historic lows.”
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TarZangief @tarzangief.bsky.social · 26/08/2026
"Neutral in the culture war"
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Robert Komaniecki @komaniecki.bsky.social · 21/08/2026
We are all dogs locked in god’s hot car
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dell cameron @dell.bsky.social · 19/08/2026
NEW: Flock has said for years that its cameras "cannot track individuals." We found the code for its new AI tool. It's preloaded w/ prompts like "Find me witness" & "find relatives." One tracks visitors of multiple hotels, another if you visit banks after midnight. www.wired.com/story/flock-...
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Musicology Duck @musicologyduck.bsky.social · 18/08/2026
hi, musicologist here: this is a cars problem not a music problem
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Dr. Lucky Tran @luckytran.com · 17/08/2026
US child vaccination rates have plunged since before the pandemic, with kindergarten classrooms in more than 70% of counties now lacking herd immunity against measles.
US choropleth map showing percentage change in MMR or overall vaccination rates since before the pandemic, by county. Decreases are shown in pink, increases in green.
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🐈‍⬛🌙 @lune.monster · 13/08/2026
Stole this from the comments because this shit shouldn't be behind a paywall.
Crucially, the GLOVE has limitations, chief among them that for the device to work effectively and deliver its restraining pain shock, it must come into contact with the subject's bare skin. According to Compliant Technologies, the gloves won't work through dry clothing or thick hair. The gloves will work, however, if the subject is wearing thin, wet clothing, such as soaked T-shirts or blouses. The GLOVE also does not like being dunked in water and will likely be rendered inoperable if this happens.
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Ron Filipkowski @ronfilipkowski.bsky.social · 09/08/2026
The naked corruption is astonishing and the Republican majorities in the House and Senate refuse to conduct any oversight or hearings.
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Philip Gourevitch @pgourevitch.bsky.social · 08/08/2026
NYT stating this like it’s normal when it’s absolutely berserk.
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laura olin @lauraolin.bsky.social · 07/08/2026
Abdul El-Sayed on capitalism: “I’m capitalist who just knows about capitalism. I have a bad habit of reading, I’m so sorry.”
We’ve spoken about capitalism versus socialism.

Do you want to talk about capitalism? Let’s talk about capitalism. Are you recording? Capitalism is about leveraging the laws of supply and demand to efficiently allocate capital expenditure to maximize value. When capitalism works, it’s because you have free entry and exit into markets. So if you believe in capitalism, you have to believe in government regulation to protect markets. In fact, right now, we have exactly the opposite. You don’t have to be a socialist to believe that you should be taxing billionaires their wealth. In fact, if you are a capitalist, you should believe in that. So, I’m capitalist who just knows about capitalism. I have a bad habit of reading, I’m so sorry.
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Rahawa Haile @rahawahaile.bsky.social · 06/08/2026
This is one of the most catastrophic developments imaginable for US media and the country. I don’t even have the words for it.
nbcnews.com
Federal Communications Commission scraps limit on broadcast TV ownership
The move sets the stage for more corporate consolidation in the media industry.
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Dave Andress @davidandress.bsky.social · 02/08/2026
Covid lockdowns demonstrated, in a deeply imperfect way, the possibility of large-scale social solidarity for a higher cause. That is a prime reason why so many powerful people want us to run screaming away from them into the comforting arms of selfish individualist competition.
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Mike Rothschild @rothschildmd.bsky.social · 30/07/2026
The overwhelming right wing sentiment is that COVID was an engineered bioweapon that was also harmless. Trump overreacted to it by shutting down the country, then engineered a drive to create a vaccine that was the real bioweapon that killed millions, and it's Joe Biden's fault.
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Brendel @brendelbored.bsky.social · 31/07/2026
It is very weird that they just lie about normal people and then it’s not a scandal when they admit it
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Miguel Delaney @migueldelaney.bsky.social · 30/07/2026
Strongest possible statement from UEFA as they threaten boycott if Infantino presses ahead with his plan
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Rachel Gilmore @rachelgilmore.bsky.social · 26/07/2026
Very cool that Shopify’s CEO thinks the poor should have far less of a vote than the rich. Still worth that ad read money, folks?
Shopify CEO Tobi Lutke says “good system.” In response to the following proposal: 

“Interesting... what about weighted voting proportional to the level of income tax you pay? (no income tax paid - O vote, $1-100k - 1 vote, $100-200k 2 votes and so on... cap it at 5 votes for $500k+. For those that constantly complain about the wealthy not paying tax/fair share they'd have nothing to worry about right? Why not reward representation of taxation and build a democracy around those that foot the bill?”
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Ben Collins @bencollins.bsky.social · 26/07/2026
I admire our government's new commitment to honesty.
A real tweet from the Department of Defense that says "It's not an option" above a meme that just says WINNING.
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A.R. Moxon @juliusgoat.bsky.social · 26/07/2026
Just an absolute shout out to everyone out there who helped manufacture doubt around the question of this guy being a Nazi, particularly after the Nazi salute.
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Garth Marenghi's Catbus @catbus.phd · 10/04/2024
remembering the greatest interview of all time
An interview with the guy who yells MORTAL KOMBAT in the theme for Mortal Kombat

interviewer: I see. will you do it over the phone?
guy: would i do it over the phone? absolutely.
interviewer: let's hear it.
guy: Mortal Kombat!
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Judd Legum @juddlegum.bsky.social · 23/07/2026
News outlets that covered the US-Saudi nuclear deal without mentioning that Jared Kushner, Trump’s top foreign policy advisor, is getting paid by the Saudi government: WSJ NYT AP Reuters CNN NBC ABC CBS The Guardian Semafor Washington Post Fox News New York Post BBC Newsweek MS NOW
popular.info
A nuclear deal for the Saudis. A media blackout for Kushner’s corruption.
On Wednesday, the Trump administration signed a 30-year nuclear agreement with Saudi Arabia that paves the way for the kingdom to enrich its own uranium.
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Micah @rincewind.run · 21/07/2026
this is why keeping corruption out of government is not some sideshow, it’s fundamental to effective governance if you cannot trust the people in charge of public health because “they changed their story due to bribes” is a legitimate inference, that is a crisis all on its own
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Greg Sargent @gregsargent.bsky.social · 21/07/2026
When Dems attack Trump's corruption, is that "leftist" or "moderate"? It's neither. People need to stop trying to map everything on to these ludicrously simplistic little templates, which are just designed to facilitate factional infighting and build online followings.
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65yearcitizen @usa24freedom.bsky.social · 21/07/2026
Take 20 seconds , read the whole thing.
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⚸ Gingersnapped 🐺🌕🎃 @gingerspiced.bsky.social · 18/07/2026
Pete Hegseth: "We need our warriors to embrace the Spartan mindset" U.S. Military: *suffers crushing defeat to the Persians*
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Ben Allen @evodynamics.bsky.social · 17/07/2026
Congrats we just made it impossible to come here for a PhD www.bostonglobe.com/2026/07/16/m...
bostonglobe.com
Trump administration limits student visas to four years, changing longstanding policy - The Boston Globe
The new rule, which also restricts the international students’ ability to transfer schools or change majors without approval in their first year, will go into effect in mid-September.
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Auntie Social @auntiesocial.bsky.social · 18/07/2026
If you're arresting people at the airport on their way OUT of the country, your goal.was never border security. It's filling for-profit concentration camps.
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Ann Monster Lipton @annmlipton.bsky.social · 16/07/2026
Not that anyone cares but yes this is illegal
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Aaron Rupar @atrupar.com · 11/07/2026
This is total insanity. Words fail to explain how anyone let alone a plurality of voters thought giving an obviously demented person control of the most powerful government in the world was a good idea. We will be lucky to come out the other side of this alive.
1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran, with thousands of more to immediately follow, should the Iranian Government act on its threat, pronounced in many corners of the Globe, to assassinate, or attempt to assassinate, the sitting President of the United States of America, in this case, ME! Orders have already been given, and the U.S. Military is ready, willing, and able, for a one year period of time, subject to extension, to completely decimate and destroy all areas of Iran - PRAISE BE TO ALLAH! President DONALD J. TRUMP
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Luca Migo @victinibcn.bsky.social · 09/07/2026
"Today, Davey Hearn pled not guilty — because he is not guilty," Norm Eisen, one of his attorneys, said outside DC Superior Court. "If Mr. Hearn can be charged with a felony for touching the reflecting pool, every American is at risk — and every American should be alarmed about this prosecution."
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Patrick De Klotz @patdeklotz.bsky.social · 07/07/2026
THE US HAVING A WHITES-ONLY REFUGEE POLICY SHOULD BE A MUCH BIGGER STORY
Guy standing up meme
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Andy Demetra @andydemetra.bsky.social · 06/07/2026
Why yes, that’s a Spain fan air guitarring an inflatable Iberico ham leg. How can you not be romantic about the World Cup.
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Joanne Freeman @jbf1755.bsky.social · 06/07/2026
In the well-over 100,000 documents written by founders included in the Founders Online database from the National Archives, no one uses the phrase "God's noble experiment." No one.
Chuck Schumer: "The founding fathers called America God's noble experiment. I believe in all three words to this day: we are one nation under God, we have clung to noble ideals for longer than any other nation, and we are an experiment always changing, trying to make ourselves better.
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Matt Binder @mattbinder.bsky.social · 05/07/2026
this guy is the co-founder of Airbnb
Joe Gebbia
@jgebbia
👇
John Birch Society
@The_JBS • Jun 30
Your taxes are paying for an Illegal Alien with an Anchor
Baby to live in the starter home your American kids can't
afford.
Last edited 10:40 PM • Jun 30, 2026 • 25.5K Views
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lord of the slimes @xrae.bsky.social · 02/07/2026
gumby was always saying this
What did Gumby always say?
Al Overview
The famous catchphrase associated with Gumby is "I'm Gumby, dammit!"
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