Blue Girl ✊❌👑

@gjahn.bsky.social

🕸️ weaver 🧶knitter
I support:
💪🏼 women 🏳️‍🌈LGBTQ ✊🏾Civil Rights
I think I like cats, dogs, and other animals better than most humans
#ResisterSister #BadAssWomen #ResistToolkit
Proud Member of https://bsky.app/profile/indivisibleauburn.bsky.social

@kenjennings.bsky.socialReposted by @gjahn.bsky.social

(waggling my eyebrows sexily at Washington State and California)

Jake Grumbach@jakemgrumbach.bsky.social

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,…
@cwebbonline.comReposted by @gjahn.bsky.social

SOMEBODY EXPLAIN HOW THIS MAN STILL HAS A JOB? Brenden Cuni, the same ICE agent seen on video brandishing a rifle at the scene of the shooting in NY, where officers shot an unarmed man in front of his 5-year-old child, was also filmed kneeling on a pregnant woman in Minneapolis last December.

@drjackbrown.bsky.socialReposted by @gjahn.bsky.social

This is government-sanctioned sadism. Trump, et. al., celebrate violence, taking pleasure in people's pain & death. A large % of America shares his motives and worldview. Every effort must be made to reverse this profoundly pathologic trend. Call your Rep and Senators. Say NO to public exectutions.

@emptywheel.bsky.socialReposted by @gjahn.bsky.social

Also, buy @benwikler.bsky.social's book, where he discusses this.

Ben Wikler@benwikler.bsky.social

Whoever wins the governorships in the battleground states will certify the 2028 presidential election. There are election deniers running, in Wisconsin and elsewhere. We've got to beat them. My new NYT op-ed:

nytimes.comOpinion | Want to Avoid Another Jan. 6? Defeat These Republicans. (Gift Article)The 2028 election is on the ballot right now.
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@cwebbonline.comReposted by @gjahn.bsky.social

Actor Keegan Allen was beaten & robbed at gunpoint in West Hollywood, then immediately took to social to blame Karen Bass. I’m sorry this happened to him, but W. Hollywood is its own city, patrolled by the LA County Sheriff’s Department. Karen Bass isn’t the mayor of WeHo. Wrong city. Wrong mayor.

@karinschall.bsky.socialReposted by @gjahn.bsky.social

25 days til we take back our country. For all of you who are showing up at protests, protecting your neighbors, fighting back, raising your voices, standing up to injustices, registering voters, knocking on doors, writing postcards - thank you for not sitting on the sidelines. @risenresistnyc

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