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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vargas @volksvargas.pt · 25/09/2026

Hoje é dia de agradecer ao governo por ter estendido a passadeira aos génios responsáveis por esta guerra

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Ben Collins @bencollins.bsky.social · 02/09/2026

Hey everybody. On the 25-year anniversary, we're reprinting the much revered 9/11 edition of The Onion and sending that free to every member this month. It's been 25 long years. Look back in anger.

The front page of The Onion's September edition from September 2001 featuring the headline "U.S. Vows to Defeat Whoever It Is We're At War With."

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Dare Obasanjo @carnage4life.bsky.social · 02/09/2026

I’m not saying we’re in an AI bubble but…

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Dare Obasanjo @carnage4life.bsky.social · 21/07/2026

Frontier AI companies when you ask them if cheaper Chinese AI models aren’t just free markets at work?

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ふわチーズ🧀 @fadingz.bsky.social · 14/07/2026

闇のコヤンスカヤ #FGO

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vargas @volksvargas.pt · 11/07/2026

Alguém introduza o PSD ao Código do Trabalho

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Billy OceanGate 🇵🇸 @stitzch.bsky.social · 05/07/2026

The rig I'm on has put up first aid guides that were made with AI. Wouldn't bother with CPR there, would be more concerned by the fact is head isn't connected to his body

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Lauri Donahue @lauridonahue.bsky.social · 05/07/2026

futurism.com/future-socie... lol

As one New York financier told Financial Times journalist Gillian Tett, new hires who were seen as “AI natives” are turning out to have alarmingly shallow ideas. So much so, the anonymous finance worker admitted, that his firm now actively avoids seeking out AI-literate STEM graduates, and opts to comb through humanities students instead.

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🎆 oceaned min 🎆 @oceanminex.myatproto.social · 30/05/2026

Repost to scare Bluesky developers

Scott the Woz leaning on a TV that says “PORN” on it

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Aaron Rupar @atrupar.com · 20/05/2026

Bezos on CNBC: "You could double the taxes I pay, and it's not gonna help that teacher in Queens. I promise you."

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vargas @volksvargas.pt · 13/05/2026

Problemas no SNS? Não digam disparates

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vargas @volksvargas.pt · 19/05/2026

Onde é que está a dúvida, diziam eles

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vargas @volksvargas.pt · 16/05/2026

Funcionário do mês

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Hamilton Nolan @hamiltonnolan.bsky.social · 17/05/2026

The fact that the government chooses to leak this to you is an implicit insult although you would have to be self aware to pick up on that so no worries.

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George Monbiot @georgemonbiot.bsky.social · 27/04/2026

Something shocking and out of the ordinary is happening in the UK. While in most comparable countries, healthy life expectancy is rising, here it is plunging steeply. Q. So what marks us out? A. 47 years of extreme neoliberalism, culminating in austerity. www.health.org.uk/reports-and-...

health.org.uk

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Opinion Editor @ Bluesky @dly.bsky.social · 24/04/2026

checking in on Bibi’s tumor. seems to be recovering well now that it’s been cut out of a hostile environment. please respect its privacy at this time.

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shauna @goldengateblond.bsky.social · 24/04/2026

i’ve worked in tech more than 20 years. it has never been more ridiculous.

exchange on X

Christoffer Bjelke @chribjel
We hired a junior developer to write the simple code, so we don't have to spend a ton of money on tokens for those basic/primitive tasks

Sameer goel @sameer_goel
Great, so now we're optimizing LLM costs by inventing employees again.
Full circle innovation.

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Pookleblinky @pookleblinky.bsky.social · 18/04/2026

Some people have misunderstood this. We literally saw how Claude itself, coded by Claude, turns one API call into a DOS of thousands upon thousands of API calls done in the sloppiest fucking way possible. This postmortem shows Bluesky vibecoded a function to DOS itself, in a similarly stupid way.

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Tredien @tredien.bsky.social · 18/04/2026

I honestly thought those were new skins for overwatch -2

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Tredien @tredien.bsky.social · 29/03/2026

A powerful US spy-tech company linked to genocide in Gaza, ICE deportations, and Trump’s war with Iran is now expanding across Europe into our hospitals, police and data systems. We must expose it and stop its expansion action.wemove.eu/sign/2026-03...

action.wemove.eu

Say No to Palantir in Europe

A powerful US spy-tech company run by billionaires is linked to genocide in Gaza, helps ICE separate families, and fuels Trump’s war with Iran. And now it’s quietly expanding across Europe gaining acc...

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vargas @volksvargas.pt · 12/03/2026

Sha la la la

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nitasha tiku @nitasha.bsky.social · 01/03/2026

WSJ reporting that the U.S. used Claude for the air strikes in Iran. Centcom has been using Claude "for intelligence assessments, target identification and simulating battle scenarios" www.wsj.com/livecoverage...

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The Onion @theonion.com · 31/01/2026

“Doctors won’t tell you this, but you don’t need medication for a tapeworm—all you need is the natural power of friction,” Robert F. Kennedy Jr. said as he dropped to the floor, lifted his legs high, and dragged his ass along the White House carpet during a press conference.

theonion.com

RFK Jr. Demonstrates How To Remove Tapeworm By Scooting Ass Across Carpet

WASHINGTON—In an address touting the practice as a completely drug-free method to relieve the common affliction, Secretary of Health and Human Services Robert F. Kennedy Jr. demonstrated Thursday how ...

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Ember @ember.pet · 30/01/2026

manager: we want a pragmatic culture where people can push back and make good technical decisions in service to our users engineer: okay, well, what if we- manager: please stop being so combative and start being a team player

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Tredien @tredien.bsky.social · 30/01/2026

But they still love him and want to be just like him.

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Reuters Legal @legal.reuters.com · 30/01/2026

BREAKING: Judge dismisses murder, weapons charges against alleged UnitedHealth CEO killer Mangione reut.rs/45Fin56

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Commander Sterling @commandersterling.bsky.social · 12/01/2026

“This is a vile lie. All I did was say what you quoted, but you should have rewritten it to try and diffuse the utter stupidity of what I said.” Tim Sweeney is the poster chump for how AI disintegrates the brain.

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