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Deep Blue Sean

@seanallday.bsky.social
508 followers 692 following 277 posts

Fan of water and the New York Rangers. Tired. He/Him

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Reposted by Deep Blue Sean
Jake Grumbach @jakemgrumbach.bsky.social · 23h
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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Micah @rincewind.run · 08/10/2026
the reason “AI will create so much abundance we will have a utopian society” rhetoric falls so flat is that the people building it will never, ever share their bounty unless it is taken from them and we all know it
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Ahhhhh @nerdjpg.com · 06/10/2026
Religious liberty will always be framed as religious people’s right to freely oppress and exclude others
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Deep Blue Sean @seanallday.bsky.social · 05/10/2026
@jowrotethis.bsky.social Team Mint Milanos let’s riiiiide!!!
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Gef the Toking Mongoose @geftokingmongoose.bsky.social · 02/10/2026
God this shit was cool as fuck
Still from the movie Jurassic Park showing a raptor with genetic code projected onto it
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Holly Anderson 🍇 @hollyanderson.bsky.social · 02/10/2026
I want to unpack this a tiny bit, which I think I can do without getting anybody in too much trouble: One verrry underreported aspect of campaigns like this, for obvious reasons, is “which TV pundits have the same agents as athletes they’re covering”
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rax ‘levon honkers’ king @raxkingisdead.bsky.social · 25/09/2026
in the history textbooks of the future 'move fast and break things' will be one of those slogans like 'manifest destiny' and 'laissez-faire' that students will half-forget but forever associate with catastrophe
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Deep Blue Sean @seanallday.bsky.social · 11/09/2026
Okay but my first crush was Fievel’s sister so I can fix her
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Deep Blue Sean @seanallday.bsky.social · 11/09/2026
This is my only platform
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ceej @ceej.online · 07/02/2026
production of The Muppet Show should not be dependent on petty vulgarities like “ratings” or “revenue.” it should be preserved as a vital function of american culture. it should have a taxpayer-funded budget rivaling the CIA
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Deep Blue Sean @seanallday.bsky.social · 07/09/2026
Having two tight ends named Flannigan is the most Notre Dame thing ever
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Joseph Fink, we're going to win @planetoffinks.bsky.social · 31/08/2026
If AI was actually the technology you claim it is, it wouldn't matter if I was on board. Who cares what some podcast guy thinks. But instead every AI Guy whines constantly that people are being too mean about AI, and this is because deep down you know it's a scam and it ends without new suckers
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Rob Delaney @robdelaney.bsky.social · 01/09/2026
Better idea: instead of bandaids, put your whole ass & balls behind Medicare For All & decouple health insurance from unions. Huge reason production has left US is that every other country provides health care for its workers, making movies & shows wildly cheaper.
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David_j_roth @davidjroth.bsky.social · 25/08/2026
The same story repeats itself everywhere in the culture: dumb rich guys who don't know what anything is or does, who are too lazy/smug to learn and ideologically committed to the idea that everything they don't control is Woke Bullshit, wrecking stuff on principle. www.nytimes.com/2026/08/25/w...
nytimes.com
How U.S.-Canada Tariff Negotiations Turned Into an All-Out Trade War
Detailed accounts of the final hours of the negotiations show that, while the United States offered Canada what it said was the best deal of any country, what Canada had to give up in exchange was see...
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Ify Nwadiwe @ifycomedy.com · 24/08/2026
I am not speaking in hyperbole when I say that I genuinely believe that the world would be a better place if people had enough of a spine to treat bad actors in every community this way. However, with proximity to money and fame everyone’s descernment and morals just kinda evaporate.
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Robert Evans (the Only Robert Evans) @iwriteok.bsky.social · 24/08/2026
This is what the growth of surveillance is going to bring. Not safety from crime, but new, non-criminal acts redefined as criminal so as to give the police an excuse to exercise power. local12.com/news/offbeat...
local12.com
Police request public's help to find suspect who picked up $30 off ground in Walmart
A police department took to social media and asked the public to help them identify a suspect who found $30 on the ground in Walmart.
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Deep Blue Sean @seanallday.bsky.social · 14/08/2026
Would eat this entire thing
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Deep Blue Sean @seanallday.bsky.social · 05/08/2026
Get him on Last One Laughing
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Ken Tremendous @kentremendous.bsky.social · 04/08/2026
That's what taxes are, man. That's the definition of taxes. "You are subsidizing things you might never use" man shut the fuck up. My taxes currently subsidize like oil company exec private jets, you think I'm upset at low-income people eating inexpensive bananas?
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Rodger Sherman @rodger.bsky.social · 04/08/2026
You can see the very obvious throughline from “men could transition and easily dominate women’s sports” to “women’s sports are lesser and shouldn’t be taken seriously” to “women shouldn’t play sports” to “here are the acceptable life choices for women”
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Deep Blue Sean @seanallday.bsky.social · 01/08/2026
Genuinely don’t get the hate for Star Wars Outlaws. I’ll admit I’m a sucker for even decent SW stuff, but that was a heck of a 7/10 game. Bummer there’ll never be a sequel.
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Fuck You I Quit @fuckyouiquit.bsky.social · 31/07/2026
lol, no, thank unions. Capital would work you 24/7 in a coalmine starting at the ripe old age of 7 if they were allowed to. Every ounce of leisure time working people have is because workers organized.
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👻 ⛧ Victor J. Frankenstein ⛧ SCARY SEASON ⛧👻 @victor-el-dm.eurosky.social · 30/07/2026
Alternative headline: Andrew Willson lays off everyone who worked on successful Battlefield 6 to steal all the wealth they created.
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Rodger Sherman @rodger.bsky.social · 24/07/2026
Never forget that they hate the United States of America
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escapedexplorer.bsky.social @escapedexplorer.bsky.social · 08/07/2026
DAWG WE'RE DOING STATE-RUN GAS PRICES AT PRICE CONTROLLED RATES DESPITE INCREASING SHORTAGES TO PACIFY THE PEOPLE AND THEY'RE SCREAMING ABOUT HOW THEIR OPPONENTS WANT COMMUNISM I AM GOING TO LOSE MY ENTIRE GODDAMN MIND
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QuoProQuid @quoproquid.bsky.social · 07/07/2026
whoopsie
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Raywat Deonandan 🍁🇨🇦 @deonandan.bsky.social · 06/07/2026
I have special disdain for the anti inmigrant immigrants.
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Kendra, spooky version @kendrawcandraw.bsky.social · 04/07/2026
"Like the forefathers intended" brother the forefathers didn't know shit. They were busy doing unspeakable things to enslaved people and making mac and cheese so bad there's historical record of it. Actually that does sound like the median American excited about the 250th so I guess I take it back
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Seth Cotlar @sethcotlar.bsky.social · 04/07/2026
100 years ago.
The klan marching in front of the US Capitol in 1926
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Just a Dad 📎 @dadmakingcans.bsky.social · 29/06/2026
“If you want to hate America, watch the news. If you want to love America, drive through it” ~German World Cup fan
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Chris Person @papapishu.bsky.social · 25/06/2026
Eat shit you mummified ass foghorn leghorn ass bitch
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Ken Tremendous @kentremendous.bsky.social · 21/06/2026
We don't ask a lot of our trillionaires, but I think it's fair to demand that their products do not turn into uncontrollable missiles that can randomly kill us while we stand in our own houses.
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Dmitry Grozoubinski @explaintrade.com · 21/06/2026
"The Americans can't get the slime out of their capital's monument pool and will arrest you for touching it," sounds like the sort of lie they'd tell us in the Soviet Union so we'd stop bitching about bread lines.
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rax ‘levon honkers’ king @raxkingisdead.bsky.social · 14/06/2026
it’s very bad that our brat of a president is demolishing the white house at will but let’s face it, lefties: we’re the ones who tend to burn flags, no? www.patreon.com/raxkingisdea...
Because let's face it, young lefties —we're the ones who tend to burn flags, no? Hasn't it always been us pointing out the mass indomitable cruelty of every president, red and blue? Has our disillusionment about America been a posture this whole time, a costume worn comfortably only when our daily lives remain mostly untroubled by the president? If we really believe what we've said about imperialism and working class solidarity and all these fascist boys being bound to lose, then the ongoing assault on the White House represents an opportunity to toughen the fuck up, psychically speaking. And I say that with love and empathy, as possibly the least tough person on the planet; the last time I cried it was because a handyman was condescending to me; I cry often, and I mean often, and about the tiniest little downers to boot; | haven't cried about the White House. Not doing so is a choice as much as it is an honest inclination. I meant it when I cheered the NFL players kneeling during the Pledge of Allegiance, the burning of the police station in Minneapolis. I'm not cheering now any more than I did when Trump devotees stormed the Capitol because yes, duh, of course it matters who is attacking a symbol and for what purpose. But this particular symbol was built by slaves to house wealthy, powerful monsters crowing about freedom while enacting various forms of its opposite. Getting sentimental over attacks to its integrity now strikes me as ideologically iffy at best.
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Kevin M. Kruse @kevinmkruse.bsky.social · 14/06/2026
Remember this scene the next time a corporate reporter tries to insist that a rural diner full of white men in their 60s is somehow a more authentically "American" place, somehow more representative of who we are as a nation.
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Kevin M. Kruse @kevinmkruse.bsky.social · 14/06/2026
New York City is the most perfectly "American" place in the nation, just one wave of newcomers after another, gradually building up the culture, one remarkable cultural collision after another. MAGA chuds hate NYC not because it's awful but because it disproves every lie they tell about immigration
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laura olin @lauraolin.bsky.social · 14/06/2026
Everyone who is scared of cities and multiculturalism is a loser.
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dell cameron @dell.bsky.social · 08/06/2026
NEW: One day after we revealed Meta was quietly building face recognition into its smart glasses, the latest version deletes it. Meta execs, who called our reporting "dishonest" and "misleading," continue to dodge our questions.
wired.com
Meta Deletes Face-Recognition System From Its Smart Glasses App After WIRED Report
The code WIRED identified is gone from the latest version of Meta AI, the companion app for the company’s smart glasses. Meta won’t say why or whether it’s coming back.
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MadGreek 🧿 @madgreek2024.bsky.social · 06/06/2026
"MY MAYOR'S MUSLIM MY BAGELS ARE JEWISH MY CHRISTIAN DIOR KNICKS IN FOUR!" This is why I love this city. NYC. We are diverse. And yet United. We are immigrants and yet, American! Damn, it's a good time being in New York. And being a Knicks fan. I ❤️ NY.
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geoffrey 💀 (scary now) @parsnip.bsky.social · 04/06/2026
no healthcare no vacations no energy no video games no jobs no steaks no housing no porn
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David Combest @decombest.bsky.social · 22/05/2026
When politicians say they can't hold corporations accountable, remember: they can. They just choose not to.
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Ted Cruz called the FBI on me @weareronin.bsky.social · 17/05/2026
"It takes 30-50 years to get get a single mile of high speed rail up in California, but a tech company can pay off all the politicians in your area and plop down a data center in two months even though your entire community shows up against it. You live under a dictatorship of capital.
You live under something insanely un-democratic."
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jamelle @jamellebouie.net · 17/05/2026
this is such a great encapsulation of what the various factions of the reactionary right want. i might add that they envision themselves as slave masters and the rest of us, in one way or another, as their slaves. betterdonkey.substack.com/p/the-vra-wa...
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Linda Holmes @lindaholmes.bsky.social · 12/05/2026
My friend who used to say the final stage of corporate greed was demanding to be loved is never, ever proved wrong.
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rax ‘levon honkers’ king @raxkingisdead.bsky.social · 12/05/2026
‘can i afford the tax? yes. is it going to deter me? no.’ cool well no further questions, thanks for answering the only relevant ones
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Deep Blue Sean @seanallday.bsky.social · 26/04/2026
It’s actually extremely funny if the response to “polling numbers are tanking” every time is “let’s fake an assassination”
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Rodger Sherman @rodger.bsky.social · 20/04/2026
I would not say “the cool thing is you dont need to be an expert” if my job was, essentially, to be an expert
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Chris Person @papapishu.bsky.social · 21/04/2026
Great piece that reiterates something everyone who is not a weird bay area freak or sucked into the AI hype cycle understands implicitly. There's no magic left, these people have barren imaginations.
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Anne Helen Petersen @annehelen.bsky.social · 16/04/2026
bless Scaachi embedded.substack.com/p/my-interne...
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Rami Ismail (رامي) @ramiismail.com · 16/04/2026
The fact that "being taxed on a wealth that would take most people dozens of generations to gather" is "the scariest thing she's ever seen" means the world isn't scaring millionaires and billionaires nearly enough yet.
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