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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Dave Smith @davidallensmith.bsky.social · 09/10/2026

Autumn Atmosphere The scenery came into view as the clouds lifted. #gravelcycling #fujifilm #trees

A Kona Sutra LTD bicycle leans against a boulder next to a gravel causeway. A bridge in the background crosses the North Fork of the Skokomish River which leads to a steep forested mountain side. Clouds shroud the mountain top but some blue sky is showing.

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Erika Hall @erikahall.bsky.social · 28/09/2026

oh, that's very good. "interfere" is very good because that's how it's felt.

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evacide @evacide.bsky.social · 28/09/2026

Meta Muse appears to read your Apple messages and upload them to the cloud even if you explicitly tell it not to: appleinsider.com/articles/26/...

appleinsider.com

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Michelle says: Be kind. Always. ❤️ @snarkysillysad.bsky.social · 23/09/2026

When a dog is rescued by a woman who loves crocheting: #AGoodPlace Source: www.reddit.com/r/MadeMeSmil...

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pmamtraveller.bsky.social @pmamtraveller.bsky.social · 16/09/2026

"snow angel" or the "angel of death," is the rare imprint left by an owl as it swooped down to catch prey

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In Otter News @in-otter-news.bsky.social · 01/09/2026

☕ Bad decisions start here: inotternews.etsy.com/listing/1732...

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John Scalzi @scalzi.com · 13/08/2026

Reminder: 1. You don't need to have an opinion on everything, especially stuff you don't know enough about 2. You don't need to have a PUBLIC opinion on everything 3. It's okay to focus on one or two things and let others take up the slack elsewhere 4. It's okay to take a break when overwhelmed.

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Kat Alderson 🙃 @klaybourne.bsky.social · 30/07/2026

me: *tosses peanuts, raisins and M&Ms in a bowl* him: whatcha got? me: a salad him: *peeks* that's trail mix, not a salad me: a cold dish of mixed ingredients him: salads have dressing me: *gets caramel sauce from fridge* him: me: *squeezes bottle* him: me: salad in the age of cyclospora

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Holly 🇺🇸🦅 @msdesignerlady.bsky.social · 27/07/2026

For anyone who needs encouragement this is precisely how to fight fascism! #SheShed #ImpeachIndictRemove

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WeRateDogs @weratedogs.com · 26/06/2026

This is Holly. Every day for the past 5 years, she picks out a stick and brings it to her favorite spot for “zen time.” While her stick may change, her routine never does. 13/10 (IG: hollythebluestaffy)

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Cyndi @savannahpeace.bsky.social · 03/06/2026

Scott Pelley fired from '60 Minutes,' deepening turmoil at CBS News apnews.com/article/cbs-...

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Drj @f-45an47.bsky.social · 31/05/2026

So damn typical of a Republicon talking down to their audience!

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Hetan Shah @hetanshah.bsky.social · 09/05/2026

This 1952 memo from the Pentagon UFO files is superb There is no point preparing for aliens ‘because no one of consequence is going to take this rubbish seriously unless it happens. At that point, our policy will be determined in the traditional manner of grand panic.’ 🤣 www.war.gov/medialink/uf...

There likely is nothing to be done at the moment to prepare for these possibilities (the only body of writing on the subject available in an emergency is science fiction), because no one of consequence is going to take this rubbish seriously unless it happens. At that point, our policy will be determined in the traditional manner of grand panic.

Maxwell W. Hunter, II
Member, Professional Staff

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outfreyn @outfreyn.bsky.social · 07/05/2026

Could be my spirit animal: happily bumbling around under imense pressure without giving much a fluff. Just kidding. My actual spirit animal is of course a sloth =)

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DBJ @deadblossomjesse.bsky.social · 06/05/2026

7 dollar gas. Well, I guess I'll buy an electric car. Oh those are 60 thousand dollars? Well at least electricity is cheap. Oh the government won't build solar panels because it's "Too transgender"? Well at least wages are going up. Oh the idea of jobs is fake now? Well at least everyone is happ

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Fiona Tribe @fionatribe.bsky.social · 23/04/2026

Yes, Swiss scientist Fritz Zwicky coined the term “dark matter” which is impressive, but he also coined the term “spherical bastard” to describe people who are bastards no matter which way you look at them, and I think that should be celebrated more.

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Xela Hart @xelahart.bsky.social · 19/04/2026

😅😅😅

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John Scalzi @scalzi.com · 08/04/2026

You have a few hours left to grab some really cool things at @locusmag.bsky.social's annual fundraising auction, including rare first editions, author chats and cool artwork. Click through to their account here to see what's on offer, or go here: locus.betterworld.org/auctions/loc...

locus.betterworld.org

Locus Fundraiser Auction 2026 by Locus Science Fiction Foundation

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Kraven Lupei - Toothy 'n Tasty @kravenlupei.bsky.social · 07/04/2026

posting this 'ol thing again for no reason

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WeRateDogs @weratedogs.com · 25/03/2026

A viral dog rescue from 2016 is now immortalized with a statue in Kazakhstan. When a dog fell into the Sayran reservoir, bystanders formed a human chain to pull him to safety. The statue is a reminder of the value of unity, solidarity and collective action. 14/10 for all

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Denver is too damn high 🚲 @yodelinghippie.bsky.social · 22/03/2026

Meanwhile bike fuel prices have not changed at Costco.

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America Is Divided @petrep.bsky.social · 17/03/2026

Even with all the news organizations and their taking-heads, this is still the best explanation for Trump's predicament I've seen so far.🗽

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Dr. Wildlife @drwildlife.bsky.social · 09/03/2026

the mantis shrimp has 16 types of color receptors. humans have 3. we see roughly 10 million colors and think that's impressive. the mantis shrimp is sitting there processing a visual reality so hyperchromatic that scientists genuinely aren't sure what it's like to be one. #addOcean

Scientific Shot of a Peacock mantis shrimp eyes which are the most advanced in the animal world. Photo by Daniel Sasse.

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Micah @rincewind.run · 31/01/2026

Discworld QOTD, from Jingo

It was because he wanted there to be conspirators. It was much better to imagine men in some smoky room somewhere, made mad and cynical by privilege and power, plotting over the brandy. You had to cling to this sort of image, because if you didn't then you might have to face the fact that bad things happened because ordinary people, the kind who brushed the dog and told their children bedtime stories, were capable of then going out and doing horrible things to other ordinary people. It was so much easier to blame it on Them. It was bleakly depressing to think that They were Us. If it was Them, then nothing was anyone's fault. If it was Us, then what did that make Me? After all, I'm one of Us. I must be. I've certainly never thought of myself as one of Them. We're always one of Us. It's Them that do the bad things.

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Dimitri Drekonja, MD, MS @dimitridrekonja.bsky.social · 24/01/2026

Alex Pretti was a colleague at the VA. We hired him to recruit for our trial. He became an ICU nurse- I lover working with him. He was a good kind person who lived to help and these fuckers executed him. White. Hot. Rage.

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Graeme 🦋 @fatherhilarious.blog · 20/01/2026

I don't often listen to long speeches... but this. Wow. www.youtube.com/live/dE981Z_... and the post speech interview - honest answers to blunt questions. 🔥

youtube.com

Davos LIVE: Canadian PM Mark Carney speaks at World Economic Forum

YouTube video by Associated Press

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Angry @angrystaffer.bsky.social · 06/01/2026

I compiled some thoughts on Venezuela, and more importantly, the insane rhetoric since the attack. Unlocked for everyone: www.patreon.com/posts/147513...

patreon.com

Thoughts on Venezuela | Angry Staffer

Get more from Angry Staffer on Patreon

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Rachel Maddow @maddow.bsky.social · 05/01/2026

www.theatlantic.com/newsletters/...

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evacide @evacide.bsky.social · 02/01/2026

If you are a resident of California, the state now has a portal where you can demand deletion of your personal data from 500+ registered data brokers with a single request form, for free. consumer.drop.privacy.ca.gov

consumer.drop.privacy.ca.gov

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