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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sonovox.bsky.social @sonovox.bsky.social · 19/09/2026

The only thing Ed Sheeran should add to his show when he comes on stage later tonight, is shout "Free Palestine."

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sonovox.bsky.social @sonovox.bsky.social · 03/09/2026

Surely he can't survive this? Cant wait to hear how this is going to go. Let's sort the 5 million and all the rest while we're there. Follow. The. Money.

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sonovox.bsky.social @sonovox.bsky.social · 01/09/2026

It was as if someone had crayoned Donald Trump into The Last Supper. With apologies to F. Scott Fitzgerald.

Image depicting the destruction of the East Wing of the White House by Donald Trump in order to build his ballroom.

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Bruno J. Navarro @brunojnavarro.bsky.social · 06/08/2026

An ABC NEWS Verify investigation has found Facebook's parent company, Meta, is directly paying several controversial content creators including a white nationalist with Neo-Nazi links and a prominent anti-vaxxer.

abc.net.au

Facebook pays controversial creators to produce rage-bait content

An ABC NEWS Verify investigation reveals Facebook is directly funding some controversial Australian content creators including a white nationalist and an anti-vaxxer influencer.

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sonovox.bsky.social @sonovox.bsky.social · 08/08/2026

Something I obviously hadn't considered for more a single second until someone pointed it out, is that when we see videos of robot manufacturing lines in China, they only turn the lights on for the sake of the camera. Other than that, the robots work in complete darkness.

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chris “bluesky” poster @chrisrd19.bsky.social · 12/07/2026

It’s like when your food is taking a long time to come out so your server brings some free bread to apologize for the wait.

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Polly Mackenzie @pollymackenzie.bsky.social · 21/06/2026

My nine year old asked for a Rosetta Stone cake for his birthday

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sonovox.bsky.social @sonovox.bsky.social · 21/06/2026

He literally built his own swamp.

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Sarah Wood @sarahwood.bsky.social · 13/06/2026

I had no idea men played soccer, too! Good for them! Go boy soccer!! ⚽️

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sonovox.bsky.social @sonovox.bsky.social · 10/06/2026

Clowns in Belfast shitting on their own doorstep at the behest of their ringmasters. Total circus.

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sonovox.bsky.social @sonovox.bsky.social · 06/06/2026

The minimum percentage of cocoa solids permissible for milk chocolate to still be allowed to be called milk chocolate is 20%. That's the minimum, the least, the cheapest, the lowest you can go. Any lower, and you can't brand it milk chocolate.

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Melayna @melaynalokosky.bsky.social · 26/05/2026

The Tesla Cybertruck already speaks volumes...

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Michael LaFrance @mlafrance.bsky.social · 25/05/2026

A livestream of a volcano in the Philippines captured a meteor crashing to Earth today. What are the odds? Mayon Volcano, Location: Albay, Luzon, Philippines

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Dylan. fairly male, very metal @dangermuppet.bsky.social · 16/05/2026

Mig, tig, stick, oxy, laser, friction

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sonovox.bsky.social @sonovox.bsky.social · 04/05/2026

Never realised "judgy" could be an answer to "How do you like your eggs in the morning?"

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sonovox.bsky.social @sonovox.bsky.social · 17/04/2026

Though royal purple soothes his pride, And snowy pearls his neck adorn, Nero in all his riot lives, The mark of universal scorn. Yet he on reverend heads conferred, The inglorious honours of the state. Shall we, then, deem them truly blessed, Whom such preferment hath made great? Boethius.

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sonovox.bsky.social @sonovox.bsky.social · 15/04/2026

Finally, eventually, and decades too late, the US is at last beginning to realise the damage caused by "big oil".

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sonovox.bsky.social @sonovox.bsky.social · 15/04/2026

From an article in The Journal this morning. OTOH, one wonders if these typos are let through as some sort of political statement, OTO, they are worth 1000 words...

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Indie Aut. Stuart Miller📖✍️🤓 Believe in yourself & your potential @stuartmiller1.bsky.social · 31/03/2026

Alexa Meade, known for her #illusion driven work, she paints directly onto people & real environments to make them appear flat, like #2D paintings. Instead of #painting on a canvas, she turns reality itself into the surface, blending subjects & surroundings into a single visual plane @alexameadeart

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sonovox.bsky.social @sonovox.bsky.social · 24/03/2026

Now the govt here in Ireland have taken 15c off a litre of petrol today, I think about the man myself and my wife watched yesterday, filling his car to the brim, then opening the car boot to reveal three 20 litre plastic drums, and - quite illegally - filling those too.

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fesshole 🧻 @fesshole.bsky.social · 22/03/2026

Full time carer to a normally lovely older gentleman, he asked me recently to help him with his TV because his son had blocked GB News. Given he's reliant on an immigrant to survive, I decided I was doing him a favour by "trying" but failing to unblock it.

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sonovox.bsky.social @sonovox.bsky.social · 17/03/2026

Seven trawlers in Donegal bay, hoovering up the fish. The 3 at the top are flagged as British, the 4 others as Norwegian. All this while the Irish boats are tied up in harbour, the government having sold off our quota years ago.

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sonovox.bsky.social @sonovox.bsky.social · 18/01/2026

If Canada has a problem importing 49k EVs that are better than anything they currently have, Canada has a problem much deeper than just a few EV's.

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Annie Chave @anniechave.bsky.social · 16/01/2026

I got a baga gymnastics award in 1978 - I’m sending it to Trump… shows I can do a forward somersault😊

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sonovox.bsky.social @sonovox.bsky.social · 04/01/2026

It's official. Ireland is no longer the land of Saints and Scholars. The absolute CLOWNS running Ireland just gave TAX BREAKS to REALITY TV SHOWS. Someone should Follow. The. Money. on that decision: New tax break announced for reality TV and gameshow productions jrnl.ie/6917893

jrnl.ie

New tax break announced for reality TV and gameshow productions

The new incentive is the first of its kind in Europe, the government said.

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sonovox.bsky.social @sonovox.bsky.social · 03/01/2026

You know things are bad when someone has to become a kidnapper and terrorist in order to distract from being a PDfile.

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sonovox.bsky.social @sonovox.bsky.social · 28/11/2025

As if another example were needed, there isn't a single right wing politician who will REPRESENT ~YOU~ unless it is in their own interests. Like all of them, they're all against anything and everything... until it happens to them.

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sonovox.bsky.social @sonovox.bsky.social · 23/11/2025

Hey @bsky.app when I click to catch up on my favourite channels, I feel like I'm painting the hallway through the letterbox. Why does the account screen not scroll any more?

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Anon Opin @anonopin.bsky.social · 20/11/2025

The Roman Empire prospered due to open borders, mass immigration and diversity then fell because of huge wealth inequality and corrupt leadership. I just thought I'd mention it.

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sonovox.bsky.social @sonovox.bsky.social · 19/11/2025

He should really have been "shook" at being asked to protect pedophiles in the first place. His legacy is cast, so he's only shook at his own prospects for the future.

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SarahBCalif @sarahbca.bsky.social · 15/11/2025

If Bill Clinton is implicated in the Epstein files I won’t have to burn my Bill Clinton flags and my Bill Clinton Tshirts and my Bill Clinton bikinis… because I’m not in a cult.

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FabPaule @fabpaule.bsky.social · 23/10/2025

Love this 😍 Canada! 🇨🇦

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sonovox.bsky.social @sonovox.bsky.social · 20/10/2025

Anyone else see the bright light in the sky over Ireland last night? I did. It started much brighter than this. I kept shouting "Take me! Take. ME!" but they weren't listening.

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sonovox.bsky.social @sonovox.bsky.social · 08/09/2025

Well, it only took reporting the ad every time it was served to me! Last time, I didn't follow protocol, and instead berated Google for ripping people off AND weakening their case for the person taking them to court for continuing to allow the fake ads use his image! Report fake AI ads people! 💪😎

Google finally agreed with me that a YouTube advert was indeed a Deep Fake AI scam.

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Ian Coldwater 🧊🚫 @lookitup.baby · 30/08/2025

Old Soviet joke for today: A man walks into a newsstand every day, looks around, and leaves. After a long time of this, the owner says “Can I help you find something?” “I’m looking for the obituaries.” “The obituaries are in the back of the newspaper, comrade.” “Not the one I’m looking for.”

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sonovox.bsky.social @sonovox.bsky.social · 21/08/2025

It's turtles, all the way down.

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sonovox.bsky.social @sonovox.bsky.social · 16/08/2025

Trump has a bad week, being owned and schooled by a state governor at one end, then eaten for lunch and vomited back up again by a dictator at the other. Release the Epstein files.

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The Lincoln Project @lincolnproject.us · 08/07/2025

A new bombshell has entered Epstein Island

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Robert Reich @rbreich.bsky.social · 08/07/2025

Your Prime Day reminder that half of Amazon warehouse workers struggle with food & housing costs. A third have had to rely on government assistance like SNAP — which is about to get cut. If Bezos can spend $50M on a wedding, Amazon can afford to treat its workers with dignity.

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Emily/Will Gotobed @emilygtb.bsky.social · 05/06/2025

If you ask the average person to name a song by the Crash Test Dummies you'll hear them thinking about the question for a bit and then they don't seem to give an answer?

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Seth Abramson @sethabramson.bsky.social · 05/06/2025

Wait... is this the best meme ever made?

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Adam Kinzinger @adamkinzinger.substack.com · 04/06/2025

Gonna say something obvious to most: real masculinity defends the defenseless, punches up not down, has compassion, and fights only on behalf of others to battle injustice or evil. It doesn’t just lift weights and tweet in all caps and listen to Rogan and grow a beard to feel accepted by other men

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sonovox.bsky.social @sonovox.bsky.social · 16/05/2025

Good job AI! 😬 Double checking cylinder numbers online before I ordered parts, and AI popped its head up up with this unwarranted, unhelpful, and frankly impossible advice! There is no cylinder closer to the front than the others, and it doesn't say which side! 😂

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sonovox.bsky.social @sonovox.bsky.social · 10/05/2025

@bsky.app ever since an app update a couple of days ago, my screen jumps all over the place if a post contains a link with picture that is off the bottom of the screen. Just me or...? 🤷‍♂️👀

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