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TerenD

@terend.bsky.social
125 followers 32 following 647 posts

Living in Southern California. Too old for social media but the times require it. The oligarchs and ego inflated dictators must be stopped. Plus it’s lovely to stay in touch with friends and like minded people.

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AW Sylwester @aw-sylwester.bsky.social · 22h
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4fuxake @blueheartedly1.bsky.social · 09/10/2026
I couldn't agree more 👇
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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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MeidasTouch @meidastouch.com · 09/10/2026
Not happening, Donald! Just days after claiming it would be a “great discredit” if he didn’t win the Nobel Peace Prize, the prize went to South African anti-apartheid lawyer and human rights judge Navi Pillay.
meidasnews.com
Trump Denied Nobel Peace Prize Yet Again; Winner is South African Anti-Apartheid Judge Navanethem “Navi” Pillay
Pillay was honored for her courage in defending international law and justice as a pioneering South African judge
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therock54.bsky.social @therock54.bsky.social · 09/10/2026
Because men wrote all the religious books making themselves superior and women submissive. As long as religions exist, equality and humanity will not.
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M Meerkat @kackbro.bsky.social · 09/10/2026
Trump's Revenge Tour Continues...
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Zeko @zeko4142.bsky.social · 08/10/2026
Democrats and Republicans are two sides of the same coin, both serve at the behest of capital interests, one group is just far more into nazi shit than the other.
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Shaggy Rodgers @themysteryinc.bsky.social · 08/10/2026
Every time I see a #PutinBot comment BS about Talarico, I'm going to post the truth, he's our only hope, he cares for all Texans, he's pro-LGBTQ+, just like his ultra progressive church, he believes in separation of church and state, he walks the walk, don't believe the #PutinBot comments
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Xela Hart @xelahart.bsky.social · 09/10/2026
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TerenD @terend.bsky.social · 09/10/2026
And they are all wearing crosses, right?
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Karen Sue Waters @karensuew.bsky.social · 08/10/2026
I miss having a president. I mean a REAL president -- someone who works and lives the position. Someone who doesn't shame us but instead is always a person to respect and be proud of. Someone like Barack Obama.
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4fuxake @blueheartedly1.bsky.social · 08/10/2026
I approve this message 👇
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TerenD @terend.bsky.social · 08/10/2026
www.theguardian.com/us-news/2026... “We are all defendants.” This is great. Until the Patriot Act is cancelled we might all need this organization!
theguardian.com
Trump 2.0 is targeting US protesters with ‘antifa’ charges. Activists started a union to fight back
NSPM-7 Defendants Union plans to offer legal clinics, media training and more to people facing prosecution for protest
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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 07/10/2026
Hispanic New Yorkers give our city its flavor, sound, & style. Where else do you hear Mixtec & Quechua on the same train? Smell chaufa & champurrado on the same block? See a Dominican barber give a Venezuelan kid a fade, a life lesson, & a new accent in one visit? Last night, we celebrated it all.
A crowd of Hispanic Heritage Celebration attendees talk and mingle at Gracie Mansion. Mayor Mamdani speaks to a crowd of Hispanic Heritage Celebration attendees at Gracie Mansion. Containers of plátanos en moleA crowd of Hispanic Heritage Celebration attendees cheer at Gracie Mansion.
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TerenD @terend.bsky.social · 07/10/2026
Too many of the human species (30%?) are natural followers: spineless, mindless and fearful. If the crowd jumps over the cliff they’ll jump with them. God forbid they should EVER stand alone.
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MisterSalty @mistersalty.bsky.social · 06/10/2026
“It is difficult to free fools from the chains they revere.” – Voltaire
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The Mouthy Renegade Writer @mouthyrenegade.bsky.social · 07/10/2026
Add Karen Smith to my list of badasses whose mouthy approach I respect. Actions usually speak louder than words. This is a hero, Y'all. Well done, Ma'am. You're gonna kick ass in your new position. ✊📖
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Kaitlin Kal Lee @kaitlinkallee.bsky.social · 07/10/2026
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darren32359.bsky.social @darren32359.bsky.social · 07/10/2026
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1kr5ur43m.bsky.social @1kr5ur43m.bsky.social · 07/10/2026
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darren32359.bsky.social @darren32359.bsky.social · 06/10/2026
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TerenD @terend.bsky.social · 06/10/2026
I have to agree and hope I’m wrong!
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Charles Keener @charleskeener.bsky.social · 05/10/2026
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ebisback.bsky.social @ebisback.bsky.social · 06/10/2026
Show me 😡
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Robert Reich @rbreich.bsky.social · 05/10/2026
Donald Trump is a symptom of a deeper sickness of inequality, disillusionment, and division. The cure? Economic and social justice. www.youtube.com/watch?v=zTQoc5Jrciw
youtube.com
How to Prevent Future Trumps
If America doesn't respond to the calamity that's befallen the working class, we will have Trumps as far as the eye can
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Ricky Davila @therickydavila.bsky.social · 03/10/2026
A very happy 34th anniversary to First Lady Michelle Obama and President Barack Obama, I love their love. 💙
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TerenD @terend.bsky.social · 03/10/2026
Not at all stupid. Horrifying! Realizing that the majority of the poorest are racially & ethically “non white” it’s just another form of racism.
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Sen. Adam Schiff @schiff.senate.gov · 03/10/2026
✅ Generating power ✅ Protecting against drought ✅ Delivering clean water It's not too good to be true! It's the kind of conservation engineering that California is pioneering! I'm working on legislation to promote these cutting-edge designs nationwide. www.kqed.org/science/2002...
kqed.org
Here’s What California Is Learning From Solar Panels Built Over Irrigation Canals | KQED
California solar panels tower over canals in Turlock, proving to save water, produce clean energy and improve local water quality.
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TerenD @terend.bsky.social · 03/10/2026
Historically, a warrior culture does not automatically exclude or disempower women! This is pure misogyny!
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Marty Orzio @martyjo.bsky.social · 01/10/2026
Wow!
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TerenD @terend.bsky.social · 01/10/2026
This administration only knows how to belittle. They name-call because they want to bring us all down to the level of 5 year olds. Sadly, they are doing a good job with half the nation!
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Barack Obama @barackobama.bsky.social · 01/10/2026
Lawyers are on the front lines of the fight to protect our democracy. Right now, @wetheaction.bsky.social is recruiting lawyers who are willing to volunteer their time to defend voting rights. Join them: wetheaction.us/guide
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Institute for Policy Studies @ips-dc.org · 30/09/2026
NEW: Starbucks repeatedly violates labor law, refuses to bargain with its union @sbworkersunited.org, and just announced it's closing 250 stores. Yet CEO Brian Niccol alone took home $31 MILLION last year. End CEO greed. Listen to workers. Boycott Starbucks.
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TerenD @terend.bsky.social · 30/09/2026
I repeat, end The Patriot Act. THE most important legislation followed by ending Citizen’s United.
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Robert Reich @rbreich.bsky.social · 29/09/2026
This is the book corporate America does not want you to read — which is exactly why you should pick up a copy.
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MGB💙 @wtpmary.bsky.social · 30/09/2026
Share everywhere
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James Hughes @dystopian-fashion.bsky.social · 27/09/2026
Why Can’t the Mainstream Media Say “Psychopathic Narcissist”? www.counterpunch.org/2026/09/25/w...
counterpunch.org
Why Can’t the Mainstream Media Say “Psychopathic Narcissist”?
Narcissism: Marked by grandiosity, pride, arrogance, and a constant need for attention and admiration. Psychopathy: Characterized by high impulsivity,
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TerenD @terend.bsky.social · 27/09/2026
I wish I didn’t agree!!!
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scubapopeye.bsky.social @scubapopeye.bsky.social · 26/09/2026
I have 4 sisters and 2 daughters. I as a man will stand for a woman’s right to choose about anything for themselves. Heart, body and soul. Stand up for the women men.
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Aaron Rupar @atrupar.com · 26/09/2026
"Why should Canadians trust Americans who have twice elected someone they consider a venal, dangerous buffoon? They could excuse them for being 'tricked' the first time. But electing him again, by a bigger margin the second time, tells them all they need to know." — @brynntannehill.bsky.social
publicnotice.co
The view from Canada: Make America Think Again
Rebuilding trust will take generations.
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TerenD @terend.bsky.social · 25/09/2026
Sorry but NONE of the CEO’s have cared about the employees. Wretched company that also destroyed Americans’ taste in coffee: cheap beans, burnt, and then covered by serving with sweet concoctions. I’ve boycotted since day 1.
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Robert Reich @rbreich.bsky.social · 25/09/2026
DoorDash spent $1.4M trying to stop Zohran Mamdani from becoming mayor. This week's historic $131.5M enforcement action against DoorDash for underpaying NYC delivery workers shows why. Yet another reminder that the only thing that can beat organized money is organized people.
theintercept.com
DoorDash Spent $1.4 Million Trying to Stop Mamdani From Becoming Mayor. Now We Know Why.
In a wage-theft settlement, DoorDash now has to pay its workers around 100 times what it spent trying to beat Zohran Mam
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can you make the world better ???????????????????? @justtheonethatcan.bsky.social · 24/09/2026
“Both parties suck” doesn’t mean we should swap a democracy for dictatorship. Not voting is actively supporting the current regime.
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A Voice Crying in the Wilderness @cryingwilderness.bsky.social · 24/09/2026
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voteinthemidterms.bsky.social @voteinthemidterms.bsky.social · 24/09/2026
TEXANS for TALARICO
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Adam Kinzinger @adamkinzinger.substack.com · 24/09/2026
You might be surprised to hear me say this, but I think Zohran Mamdani is the future of the Democratic Party. Just not for the reasons you probably think. He has a sharp strategic mind and the credibility to say uncomfortable truths to his own people and be heard rather than exiled.
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Robert Reich @rbreich.bsky.social · 23/09/2026
In 9 months, Zohran Mamdani has: -Secured millions in worker restitution from DoorDash and UberEats -Launched the first stage of his universal childcare program -Cracked down on bad landlords -Balanced NYC's budget without cutting major social services This is what leadership looks like.
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Raywat Deonandan 🍁🇨🇦 @deonandan.bsky.social · 21/09/2026
Posted this morning by my good friend and celebrated writer Allan Stratton.
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