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On Green Dolphin Street

@vancouverislander.bsky.social
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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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ZER0 BILLIONAIRES @zer0billionaires.bsky.social · 08/10/2026
But the DOW...! #Zer0Billionaires #Resist #VoteBlue #econsky
Satirical retro game screen that reads "You have died of profit margins," showing green-on-black pixel art of an ox pulling a covered wagon across hills, parodying a classic trail game to critique corporate priorities.
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derek guy @dieworkwear.bsky.social · 06/09/2026
just got arrested for going up to a police officer while wearing meta glasses and saying "computer, transfer $100,000 from this officer's bank account into my account" and then waving my hands like a magician
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Patrick Chovanec @prchovanec.bsky.social · 24/08/2026
Canada is basically acting like a responsible, rational adult whose immediate family member has become an erratic and potentially violent lunatic.
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Lindsay Brown @lidsville.bsky.social · 21/08/2026
"Young People Hate AI CEOs So Passionately That It’s Almost Hard to Believe" "They're even more unpopular than data centers" futurism.com/artificial-i...
futurism.com
Young People Hate AI CEOs So Passionately That It's Almost Hard to Believe
A new survey of 1,000 young adults in the US found that nine of the top tech executives are deeply loathed.
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The Guardian @theguardian.com · 15/08/2026
Trump’s spying on left-wing groups recalls J Edgar Hoover’s Cointelpro | Ken Roth
theguardian.com
Trump’s spying on left-wing groups recalls J Edgar Hoover’s Cointelpro | Ken Roth
The FBI from the 1950s to the 1970s tried to infiltrate and discredit leftist organizations. Trump seems to be repeating that sordid practice
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DMaxey @dmax5.bsky.social · 10/08/2026
Congratulations to Hasan becoming the new George Soros!!
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Modus Pwnens @pwnyslaystation.bsky.social · 10/08/2026
Posting this here in the hopes it gets copied/saved to tape or something else that can be recovered by alien archeologists. ust so they know that yes, we know it's really stupid, but we did it anyway
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Josh Marshall @joshtpm.bsky.social · 10/08/2026
open.substack.com/pub/spytalk/...
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Glenn Ashton 314ppm 🇿🇦☮️🍉 @ekogaia.bsky.social · 29/07/2026
Food prices are rising in lockstep with consolidation in the food industry. Note how coffee and cocoa prices are well off historic highs. Have prices fallen? Not even. Food is more expensive because corporations and private equity want to maximise profit. It's not difficult to grasp. #econsky
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Brent Toderian @brenttoderian.bsky.social · 14/07/2026
Heard this one? The City of Barcelona traded 3 lanes of vehicle traffic for an exceptional 4.7 km green pedestrian corridor in the heart of the Eixample grid. Businesses sued, & eventually won in court. Then they admitted that they actually like the change. Streets for people are good for business.
citylabbcn.org
The Legal Attack on Superblock Barcelona - City Lab Barcelona
In this blog post, I attempt to unpack what this court ruling is about, the legal arguments, and who is behind it. Did the city really do something wrong?  What will happen to the Consell de Cent proj...
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Nathan Goldwag @goldwagnathan.bsky.social · 05/07/2026
Country of whipped dogs. Happy Independence Day.
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Max Fawcett @maxfawcett.bsky.social · 29/06/2026
There is no proponent. There is no route. And there certainly aren't any companies pledging the 1.5 million barrels per day that would apparently flow down the project. It's a test of our willingness to play along with her charade, not national unity. #cdnpoli thehub.ca/2026/06/29/a...
thehub.ca
Alberta’s pipeline proposal has become a critical test of Confederation
Is Alberta's pipeline fight actually a fight over the future of Canada? The stakes just got a lot higher than energy policy.
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The Guardian @theguardian.com · 21/06/2026
Two-thirds of EU citizens back UK rejoining bloc, survey finds
theguardian.com
Two-thirds of EU citizens back UK rejoining bloc, survey finds
Even voters for far-right and Eurosceptic parties back closer relations, polling says Two-thirds of EU citizens would back Britain rejoining the bloc, while most UK voters say Brexit has been bad for the issues they care about and want closer ties, including levels of integration – such as free movement – long seen as toxic, a survey has found. Ten years after the Brexit referendum, the polling by the European Council on Foreign Relations (ECFR), a thinktank, found 66% of respondents across 15 countries felt UK membership was a very good, good or “neither a good nor a bad” idea. Continue reading...
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Ben There 2 @benthere-2.bsky.social · 20/06/2026
Gaza has the highest child amputees in the world. Zionist screaming matches can’t hide the fact.
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Will Beaman @greenbackbetter.bsky.social · 18/06/2026
Trump admin is literally on TV like "Iran has a right to exist"
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Ron Filipkowski @ronfilipkowski.bsky.social · 11/06/2026
Republicans are going to spend hundreds of billions that we don’t have to fund Trump’s endless war and line the pockets of the military industrial complex, which now includes members of Trump’s family. Nothing for you, but a fortune for war.
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Bangor Daily News @bangordailynews.bsky.social · 10/06/2026
“They’re campaigning so hard against him, because he is a normal person.”
bangordailynews.com
Graham Platner supporters celebrate after their candidate’s primary victory
Graham Platner wins Democratic nomination for Senate in Maine, overcoming scrutiny of his past. Supporters believe he will defeat U.S. Sen. Susan Collins.
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Chris Hayes @chrislhayes.bsky.social · 09/06/2026
Hahahaha. They tried to show Trump on the Jumbotron during the anthem si people wouldn’t boo but the boos were IMMEDIATELY AND SO LOUD, they came off the image after a second.
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Mina Kimes @minakimes.bsky.social · 09/06/2026
well that was some crystal clear audio right there
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The Tennessee Holler @thetnholler.bsky.social · 09/06/2026
UPDATE: as expected, narcissist-in-chief Trump booed hard during the anthem
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Niall Stanage @niallstanage.bsky.social · 07/06/2026
This is a devastating interview. Scott Pelley tells the NYT that Bari Weiss directly put a “thumb on the scale” for Trump over the killing of Renee Good. Here’s his explanation of exactly what happened.
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Jen Mercieca @jenmercieca.bsky.social · 05/06/2026
Screwworm seems like the right vibe for 2026. Good job writers.
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Senator Dr. John Brown stan account, Esq., PhD, MD, JD, LCSW @johnbrownstan.bsky.social · 03/06/2026
Look, it sucks that the right is repealing the 20th century. But it just means we'll have to enact the 21st century
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Super Awesome Fun Guy @superawesomefunguy.bsky.social · 03/06/2026
#cdnpoli #canadasky 🇨🇦🦋
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POLITICO Europe @politico.eu · 02/06/2026
Donald Trump may have finally done what years of warnings from Paris and Brussels could not: Convince Europe’s free-market holdouts that relying on American technology is a vulnerability. 🔗 www.politico.eu/article/euro...
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Convivial Blue 🇨🇦 @convivialblue.bsky.social · 27/05/2026
Screenshot of @AmyHoy saying, "there are really only two types of people: 1. got mine, fuck you 2. nobody should have to endure this. The rest is just details (11:35 PM Sep 3, 2017)
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The Economist @economist.com · 27/05/2026
As AI firms bid up the price of land and energy, the dollars people earn will go less far. Eventually humans could, like horses in the age of the car, become uneconomical
econ.st
Prepare for an AI jobs apocalypse
It is not here yet. But governments should lay a safety-net
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Center for Economic and Policy Research @ceprdc.bsky.social · 23/05/2026
88 profitable corporations paid $0 taxes last year. Meanwhile, capital gains breaks keep protecting the wealthy while workers pay in full. @itep.org  @amyhanauer.bsky.social breaks down the three biggest problems with the US tax code. #econsky full #mostlyeconomics ep: bit.ly/4tVbbuW
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Richard Price 🇨🇦 @voscovery.bsky.social · 15/05/2026
Both Iran and China have defeated Trump. Canada is up next.
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The Wall Street Journal @wsj.com · 11/05/2026
China exported more electric vehicles and plug-in vehicles than gasoline or diesel cars for the first time in April, as automakers expanded aggressively overseas to offset subdued demand in the domestic market. on.wsj.com/48QrMbz
on.wsj.com
China Exports More EVs Than Traditional Cars for First Time in April
China exported more electric vehicles and plug-in vehicles than gasoline or diesel cars for the first time in April, as automakers expanded aggressively overseas to offset subdued demand in the domestic market.
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Brent Toderian @brenttoderian.bsky.social · 08/05/2026
Never forget, the “Alberta Separatist Movement” is a relatively small number of unhinged conspiracy nuts being fed a steady diet of Russian and US-made disinformation, normalized by media mostly following the wrong story, and boosted by political opportunists who think (wrongly) they can control it.
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Jared Wesley @jaredwesley.ca · 05/05/2026
"That 2.9 million voting-age Albertans have had their personal information circulating in the Maple MAGAsphere poses a massive public safety risk and exposes the October 19 referendum process even further to foreign influence from the global far right...
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On Green Dolphin Street @vancouverislander.bsky.social · 03/05/2026
May Vibes 🌱
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Marcus Kolga @marcuskolga.bsky.social · 02/05/2026
Missing from the headline and lede: “Russia has been running what CSIS describes as a combination of espionage, attempted sabotage and disinformation” www.theglobeandmail.com/politics/art...
theglobeandmail.com
China, India among countries active in foreign interference and spying in Canada, CSIS says
The agency also identified Russia, Iran and Pakistan as nations that engage in meddling
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dave1agar @dave1agar.bsky.social · 01/05/2026
Russia is targeting Canada with disinformation, Senate report warns www.theglobeandmail.com/politics/art...
theglobeandmail.com
Russia is targeting Canada with disinformation, Senate report warns
Efforts are an attempt to undermine the NATO alliance and destabilize Western democracies, committee says
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Trending Finance @trending-finance.bsky.social · 03/05/2026
Debt surges; wealthy collect interest. #econsky
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Denny Carter @dennycarter.bsky.social · 25/04/2026
Brazil's democracy is so much stronger than America's and it's been around for about half an hour.
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Charlie Angus @charlieangus104.bsky.social · 25/04/2026
Pope Leo's right hand is Cardinal Czerny. I knew him in Riverdale. He used to come to our punk shows to discuss grassroots activism. We met in a biker bar. He married my wife and I and was sent to El Salvador to defy the death squads after they murdered the Jesuit leaders. He is the real deal.
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PEIPolitical 🇨🇦 @peipolitical.bsky.social · 17/04/2026
Mark Carney describes Poilievre perfectly! #cdnpoli
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Michael Derby @michaelsderby.bsky.social · 18/04/2026
Guardian: Mystery investors are trading with uncanny accuracy over Trump war actions and reaping fat paydays betting on death and destruction.
theguardian.com
Traders placed over $1bn in perfectly timed bets on the Iran war. What is going on?
Suspicious wagers on the US-Israel war in Iran are creating huge windfalls and raising concerns among lawmakers
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The Tennessee Holler @thetnholler.bsky.social · 19/04/2026
“Somebody shorted the oil markets today by hundreds of millions of dollars exactly 20 minutes before Trump made his announcement that everything was going to be great. And if you see that once, it could be a coincidence. But that’s happened at least 3x… a pattern.” The most corrupt regime ever.
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Dare Obasanjo @carnage4life.bsky.social · 14/04/2026
A retiree delivering DoorDash to the White House to pay for their spouses cancer would be a national embarrassment in a sane world instead of an opportunity to celebrate “no taxes on tips”
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The Breakdown AB @thebreakdownab.bsky.social · 08/04/2026
“The separatist threat “opened our eyes to what’s going on,” Chief Allan Adam of Athabasca Chipewyan First Nation in Treaty 8 told The Breach. “It’s a white supremacist movement. I hate to say it that way, but there’s no other way to say it.” breachmedia.ca/how-first-na...
breachmedia.ca
How First Nations’ Treaties can hold back the tide of Alberta separatism ⋆ The Breach
Danielle Smith pledged to hold a referendum on separating Alberta from Canada. First Nations in the province are going to court this week to argue that she has no legal right to do that
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Max Berger @maxberger.bsky.social · 11/04/2026
🤔🤔🤔
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Senator Dr. John Brown stan account, Esq., PhD, MD, JD, LCSW @johnbrownstan.bsky.social · 11/04/2026
Another fun fact: during the Carboniferous period, atmospheric oxygen levels grew so high that bugs got really, really big. Like 8 meter long 100 lb centipedes. This happened because wood had evolved but not a fungus capable of breaking it down, so all the carbon was sequestered.
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Hon. Thomas A. Lukaszuk @lukaszukab.bsky.social · 08/04/2026
Elections Alberta is concerned that separatists may be funded by USA. Alberta Government lawyer argues that there is no evidence of that, yet separatists refuse to file financial disclosure. Why is Alberta Governement defending separatists in court? www.theglobeandmail.com/canada/alber...
theglobeandmail.com
Alberta judge questions government lawyers on potential role of foreign interference in separation referendum
Government lawyer argues there is no evidence that separatist petition effort faces meddling from outside the country
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The Economist @economist.com · 07/04/2026
After nine years of decline, democracy scores have risen in more than half of the countries in Latin America and the Caribbean. That trend may happen elsewhere, too
econ.st
Global democracy is in better shape than you think
EIU’s annual index suggests an end to the democracy recession
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Ben Abrahamse @babrahamse.bsky.social · 07/04/2026
Fascism is a war on language, among other things
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Comox Tips @comoxtips.bsky.social · 06/04/2026
This scumbag is my CPC MP. He literally hid from voters during the federal election campaign (there was even a chase in Hyde Creek as he ran away) and didn’t attend a single public event or debate. Racist, bigot, conspiracy theorist, stolen honour. Now also a huge hypocrite.
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