Leon Salter (@islates.bsky.social)

@huiasue.bsky.social Oct 11, 2026, 9:24 AMReposted by @islates.bsky.social

The Ugly Truth Behind TOP/#Opportunity’s Sudden Rise #nzpol
#PartyVoteGreen+💚🖤❤️
www.facebook.com/share/p/1JFc...

@nzpfu.bsky.social Oct 10, 2026, 7:46 PMReposted by @islates.bsky.social

🚨 BREAKING: Capital city safety compromised again. Wellington is down to just one operational high-reach ladder truck after Thorndon’s life-saving aerial failed overnight.

@whatthehall.bsky.social Oct 9, 2026, 11:03 AMReposted by @islates.bsky.social

Someone's corrected the billboard beside State Highway 2 on the way into Wellington again. Must have been recent, it didn't look like that last night #nzpol

National Party electoral hoarding seen beside State Highway 2 in Wellington at night. Beside a claim of "9 new taxes" written on a red background, the adjacent counter claim on a blue background of "No new taxes", has had the central bar of the N overpainted in blue to read "110 new taxes"

@jakemgrumbach.bsky.social Oct 9, 2026, 4:54 PMReposted by @islates.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,…

@seassenor.bsky.social Oct 8, 2026, 10:07 PMReposted by @islates.bsky.social

Beta testing ChatPMT, the world's smallest language model #nzpol

@islates.bsky.social Oct 9, 2026, 6:38 PM

Have you seen postgraduate students will be able to join the union soon? Organized withdrawal of labour might be the way to go

@bikerchiwi.bsky.social Oct 8, 2026, 12:58 AMReposted by @islates.bsky.social

@bodycartoon.bsky.social Oct 8, 2026, 6:07 PMReposted by @islates.bsky.social

@beefaerie.bsky.social Oct 6, 2026, 9:09 AMReposted by @islates.bsky.social

How do you come third in a two person race?

Graphic showing the set up for a tv leaders debate, with the split for who won the debate. The numbers show 49% for Chris Hipkins, 27% undecided, and 24% for Luxon.

@islates.bsky.social Oct 7, 2026, 3:13 AM

This just stinks (excuse the pun). Auckland council should be taking a principled stance against the exploitative contractor model

@poetactics.bsky.social Oct 5, 2026, 7:26 AMReposted by @islates.bsky.social

TEU has voted for strike action

teu.ac.nz/news/media-r...

@russelnorman.bsky.social Oct 4, 2026, 8:09 PMReposted by @islates.bsky.social

Nats idiotic motorway fetish will cost Aucklanders dearly. www.nzherald.co.nz/nz/wayne-bro...

@labourlewis.bsky.social Oct 4, 2026, 9:18 AMReposted by @islates.bsky.social

1/ Burnham’s Conference Speech: Positive signs for progressive politics, but the work isn’t done. 🧵 It’s been a tumultuous summer with a new PM. Continuing themes set out over the summer, Andy Burnham told Labour conference the country has been on the wrong path for 40 years.

A screenshot of a news headline from The Guardian. The top category text in red reads "Andy Burnham". The headline reads, "‘He feels more relatable’: Burnham’s conference speech wins praise from drifting Labour voters". Subheading: "The UK prime minister has earned his party a rehearing but the battle of public opinion is not yet won". Byline: Luke Tryl, published Saturday, 3 October 2026.

@hetanshah.bsky.social Oct 4, 2026, 9:06 AMReposted by @islates.bsky.social

If you were sceptical of the claim that AI might destroy humanity, it turns out Trump has been consulting Grok about his Presidency including whether to intervene in Venezuela 😱
time.com/article/2026...

@kentduston.bsky.social Oct 2, 2026, 6:49 AMReposted by @islates.bsky.social

Today a friend memorably described the Hon Christopher Luxon as ‘the horrifying result of a bout of hate-sex between a windup cymbal-clapping toy chimpanzee and a roll on deodorant’ … and now I can’t get the image out of my mind

#nzpol