Grilled Cheese

ExploreLog inSign up

Lars Fischer

@fischblog.bsky.social

3.3k Following30.2k Followers

Chemist, blogger and science journalist. Physical sciences editor for Spektrum der Wissenschaft. Writes about chemistry, infectious diseases, earth sciences, disasters and quokkas. Posts in english and german.

PostsRepliesMedia
@fischblog.bsky.socialOct 11, 2026, 1:08 PM

"Wer diese Axt kaufte, kaufte auch..."

@fischblog.bsky.socialOct 11, 2026, 11:25 AM

Wie katzensicher ist der? 😁

@fischblog.bsky.socialOct 11, 2026, 10:10 AM

Warum das Fragezeichen?

@jakemgrumbach.bsky.socialOct 9, 2026, 4:54 PMReposted by @fischblog.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,…
148
@fischblog.bsky.socialOct 7, 2026, 11:42 AM

Ich nenn das Deppensteuer.

@fischblog.bsky.socialOct 7, 2026, 8:07 AM

Definite proof that aliens do structural analysis by 1H-NMR.
#chemsky
🧪

www.mpifr-bonn.mpg.de/pressrelease...

@fischblog.bsky.socialOct 7, 2026, 6:39 AM

Hier auch der (frei zugängliche) Spektrum-Vorbericht, der vor allem die Clarivate-Kandidaten vorstellt.

www.spektrum.de/news/nobelpr...

@fischblog.bsky.socialOct 7, 2026, 6:37 AM

Heute Mittag droppt der Chemie- #Nobelpreis.

Hier mein Überblick über die wahrscheinlichsten Kandidaten - und mein Tipp, wer es dann wirklich wird.

Spoiler: Mein Favorit ist in der Pandemie richtig groß geworden.

#chemsky
🧪

@fischblog.bsky.socialOct 6, 2026, 7:24 PM

Das ist die große Frage.

@fischblog.bsky.socialOct 6, 2026, 10:03 AM

Nee, aber Halzen ist am Telefon und könnte theoretisch jederzeit loslegen.

@fischblog.bsky.socialOct 6, 2026, 9:54 AM

Eine Erklärung des aktuellen Physik-Nobelpreises vom Preisträger selbst. 😊

www.spektrum.de/magazin/neut...

@fischblog.bsky.socialOct 4, 2026, 7:35 PM

Au ja. Auf den Dino-Geistern reiten. 😁

@fischblog.bsky.socialOct 4, 2026, 12:28 PM

Sicherlich heute auch nicht. Neben dem Dino-Saal ist ein Bereich, in dem die Sammlungen gesichtet werden.

@fischblog.bsky.socialOct 4, 2026, 12:10 PM

All die tollen Steine! 😍

@fischblog.bsky.socialOct 4, 2026, 12:04 PM

😁

@fischblog.bsky.socialOct 4, 2026, 12:03 PM

Keine Ahnung ehrlich gesagt.

@fischblog.bsky.socialOct 4, 2026, 12:03 PM

Jedenfalls viele Schnapsleichen.

@fischblog.bsky.socialOct 4, 2026, 12:02 PM

Ja.

@fischblog.bsky.socialOct 4, 2026, 12:02 PM

Jou.

@fischblog.bsky.socialOct 4, 2026, 11:14 AM

Feel ya, bro.

Hammerhai.
Older posts
Terms of UsePrivacy PolicyCommunity StandardsHelpGet the app

Grilled Cheese is a product of Village Compute

Version devBuilt at: 2026-10-13 02:55:00 EDT