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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Philip Gourevitch @pgourevitch.bsky.social · 10/10/2026

Racism got him here and he’s clinging to it like his life ring — it’s all he’s ever had, the gateway corruption from which all others flow — and look how far it’s got him and how horribly it’s cost us.

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tracysnicket @tracysnicket.bsky.social · 05/10/2026

Call my dog to go for a walk when she is 10 feet away - no reaction. Open a can of food when she is on a different floor at the opposite end of the house and fast asleep - she is there in five seconds.

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The Ignyte Awards @theignyteawards.bsky.social · 03/10/2026

As ever, we begin with the #2026IgnyteAwards winner in Outstanding Novel - Adult for novel-length (40k words+) works intended for an adult audience Congratulations to THE BUFFALO HUNTER HUNTER (Saga Press/Titan Books) by Stephen Graham Jones!

2026 Ignyte Award Winner: Outstanding Novel - Adult - The Buffalo Hunter Hunter x Stephen Graham Jones

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maura quint @mauraquint.bsky.social · 01/10/2026

Yes every woman has been harassed, many assaulted. But every woman has also experienced invisible loss from moments she avoided harassment. She felt a space becoming unsafe, so she left, while men stayed on. And in leaving, she lost: opportunities, experiences, learning, promotions, even simply fun.

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Nicole Bedera @nbedera.bsky.social · 28/09/2026

Kat is right about all of this. One of the reasons that college sexual violence is uniquely devastating is because it changes the victim’s entire future.

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Urvi @theurv.com · 28/09/2026

There were more men in a single documented gang rape at one school than the number of competitive trans athletes nationally. But I’ve heard a lot more politicians being asked about protecting girls from one of these scenarios and not another… I’ll let you guess which is which.

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darth™️ @darthbluesky.bsky.social · 22/09/2026

*adding “belarus potash” to the long list of phrases that dominate the news for a couple of days before never being mentioned again*

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Randall Munroe @xkcd.com · 22/09/2026

Tyrannosaurus xkcd.com/3300/

Comic. [Person with long hair pointing to diagram with Tyrannosaurus Rex standing next to a person.] PERSON: We now believe the primary prey of Tyrannosaurus Rex was these humans who kept standing next to it for scale.

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Isaiah Bishop @isaiahbishop.bsky.social · 22/09/2026

Hi we're running an insurance scheme and we would like to take the patients that cost us nothing out of the pool

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tracysnicket @tracysnicket.bsky.social · 18/09/2026

Super excited to see @emilymandel.bsky.social speak tonight, and to read her new book!

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tracysnicket @tracysnicket.bsky.social · 18/09/2026

This kind of thing seems far more likely (and scary) than AI becoming sentient and deciding to kill us all.

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Micah Lee @micahflee.com · 16/09/2026

HaJ3FgupAm8RrDJW3MHgT9X7Ft27eVaD What is that? That's a hard-coded API token that Flock cameras use to identify themselves and get OAuth credentials, which can then be used to talk to Flock's production servers. Like, anyone on the internet can probably do this right now.

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Ej Dickson @ejdickson.bsky.social · 14/09/2026

There is a corner of the internet I had never heard of before I started reporting this story. It’s called the “burnerverse”: a network of anon burner accounts ostensibly discussing college sports. But they have another goal: destroying young girls’ lives.🧵: www.wired.com/story/burner...

wired.com

A College Girl Was Exploited on Camera. A Network of Anonymous Men Got to Work

Maddie Kowalski is one of countless young women who’ve had their lives destroyed by the burnerverse, a loosely connected online community of sports fans. Now she’s fighting back.

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Clara Jeffery @clarajeffery.bsky.social · 13/09/2026

YES: SF should take at least one of its underused golf courses and turn it into a mix of housing and parkland San Francisco doesn’t need this many golf courses sfstandard.com/2026/09/13/s...

sfstandard.com

San Francisco’s golf courses are draining millions — and barely anyone plays on them

The city loses $4.9 million a year subsidizing six sprawling golf courses used by a shrinking number of players. In a housing-starved city, that’s a tough sell.

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darth™️ @darthbluesky.bsky.social · 12/09/2026

today i learned 'small potatoes' dates back to the early 1800s which tells me that prior to that all potatoes were huge

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Alejandra Caraballo @esqueer.net · 09/09/2026

As someone who really wants AI companies to be limited in the damage they're doing to the world, it's incredibly frustrating when the most vocal contingent of AI skeptics keep repeating the idea that AI doesn't work at all. Maybe that was the case 3 years ago but not any longer.

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Vajra Chandrasekera @vajra.me · 02/09/2026

it's less about fractured realities as such! and more about deals gone wrong, contracts broken, payoffs sidestepped, dreams deferred—and you know what happens to those—and quests frustrated, wearing the skin of a conspiracy thriller over at least some bones from a decomposing romcom

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Garth Nix @garthnix.bsky.social · 27/08/2026

It was a long time ago, audiobooks were still on cassette/CD, so no online samples or anything. The producer emailed me suggesting Tim Curry, among some others. I replied "That guy should change his name to avoid confusion with THE Tim Curry". They came back with "we mean THE Tim Curry" . . .

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Tim Hirschel-Burns @timhirschelburns.bsky.social · 27/08/2026

Live report from the Minnesota State Fair, located in the heart of American democracy, where there’s an ICE Out adaptation of Picasso’s Guernica made entirely from crops

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Tressie McMillan Cottom @tressiemcphd.bsky.social · 27/08/2026

They have whiplash. Is A.I. the future or is it the end of jobs? It can't be both (they took 1900 hours of AP classes so they know they can figure that out for themselves). Where are all the professors and why are they all in a seminar about A.I. instead of inspiring them or telling them what to do?

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Tom & Lorenzo @tomandlorenzo.bsky.social · 26/08/2026

WHAT THE FUCK KNOCK IT OFF

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tracysnicket @tracysnicket.bsky.social · 26/08/2026

Tim Curry narrates the audio books of A Series of Unfortunate Events and they are amazing. Might be time for a relisten

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Keffy @keffy.bsky.social · 26/08/2026

Motherfucker, I'm sorry, you can't take Dolly Parton and Tim Curry from us at the same time, what the fuck.

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404 Media @404media.co · 17/08/2026

SCOOP: 404 Media placed a tracking device in a shipment of rare books to see which AI company was buying it. What did we find? It ended up at an Amazon facility where Amazon scans and destroys books. Yes. This is literally the logo outside the Amazon warehouse door. Read now:

404media.co

We Tracked a Shipment of Rare Books. It Ended at an Amazon AI Training Facility

We placed a tracking device in a shipment of rare books to see which AI company was buying it, and found an Amazon facility where Amazon scans and destroys books.

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tracysnicket @tracysnicket.bsky.social · 16/08/2026

Public Enemy did a great show at Stern Grove today, and of course they closed with youtu.be/mmo3HFa2vjg

youtu.be

Public Enemy - Fight The Power (Official Music Video)

YouTube video by PublicEnemyVEVO

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Ian Boudreau @ianboudreau.com · 14/08/2026

Nothing you do in your entire life will ever be this embarrassing

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Prasad Jallepalli, MD, PhD @prasad.bsky.social · 06/08/2026

your terms are acceptable

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the Mountain Goats @themountaingoats.bsky.social · 04/08/2026

I don't even know what to say. This is real, this is true, so, like, thank you all, from the bottom of my heart. This took over 25 years to happen so if there's any lesson here it's either "keep at it, who knows" or "many people are divorced"

image of a gold record superimposed on part of Vaughan Oliver's iconic cover for the Mountain Goats' "Tallahassee" album, with a banner beneath it showing the entire album cover, an RIAA seal, and the text: Presented to THE MOUNTAIN GOATS to commemorate the RIAA Gold certification of more than 500,000 copies of the 4AD single "No Children"

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Casey Stegman @caseystegman.com · 27/07/2026

People who think Emily Wilson is being mean have clearly never presented a paper at an academic conference

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David Ho @davidho.bsky.social · 26/07/2026

Facing federal science budget cuts, biologist Daniel Blumstein resorted to uploading marmot videos to OnlyFans to raise funds for his marmot research. However, when he uploaded his driver’s license for verification, OnlyFans informed him that his appearance didn’t match the marmots in the videos.

nytimes.com

‘OnlyMarms’: Marmots Are on OnlyFans to Raise Money for Research (Gift Article)

A team of scientists uploaded videos of the squirrel-like rodents in the wild on the adult-content site OnlyFans to raise money amid government budget cuts.

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BUM CHILLUPS AKA SPENCER HALL AKA PRESIDENT FOOTBALL @edsbs.bsky.social · 19/07/2026

Feel like if Spain scores three more goals they might get to keep one

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Olúfẹ́mi O. Táíwò @olufemiotaiwo.bsky.social · 15/07/2026

maybe if England hadn't Brexited the attacking third of the pitch things would have turned out better

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tracysnicket @tracysnicket.bsky.social · 14/07/2026

It’s not mentioned in the article, but Lisa Gelobter, Mamdani’s commissioner of technology who is running this initiative, worked in the USDS under Obama.

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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 13/07/2026

We’re investing in five NYC Office of Innovation and Technology PIT crews dedicated to modernizing New York City’s web tools and creating new, easy-to-use online resources.