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terry

@terenceonline.bsky.social

terence/terry he/him @terrysembroidery.bsky.social terrysjunkshop.com

3501 Posts615 Follower236 Folgt
terry@terenceonline.bsky.social · 3h ago

per the normal routine i brought two (2) books with me on this trip that haven’t left the backpack and will be flying home with four (4) new ones that i am SURE i will read at some point

Alex Paknadel from off of comics@alexpaknadel.bsky.social · 2d ago

The dirty secret is that rich people need to live in politically stable regimes in order to keep their wealth. They will piss and moan about taxes, but they will not flee en masse. They like paved roads and not being kidnapped too much.

Jake Grumbach@jakemgrumbach.bsky.social · 4d ago

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,…
Leah Sottile@leahsottile.bsky.social · 2d ago

I recently went to a book reading about the KKK and someone asked “how will we recognize the next version of the Klan,” and I successfully stifled myself from yelling “are you fucking kidding me?”

J.M. Berger PRE-ORDER THE POPE'S HITMAN@jmberger.com · 2d ago

Sorry, but are we still doing "look at the dapper white supremacist" in the year of our lord 2026? The president and vice president are the most important white supremacists in the world and they only wear suits.

Bobby@bobbyspumoni.bsky.social · last wk.

I don’t think a general strike is possible in the US because I’ve seen that nobody that hates what’s going on now can even stop stuffing their faces for two seconds.

Chris B-Eeeeek!-ler 👻@cwbuecheler.com · 2w ago

I don't know about "never topped" but as I've said before, this is absolutely the comic strip equivalent of a rookie ballplayer coming out for his first ever at-bat, in the bottom of the ninth, in the playoffs, with the bases loaded, and hitting a first pitch walk-off grand slam.

🖖🏳️‍⚧️T'Lynn🦇David🦇Cooper🏳️‍⚧️🖖@awholedamntown.bsky.social · 2w ago

75 years ago today, the single greatest comic ever published appeared in the world. Peanuts never topped their very first strip. lollllllllll

That mother fucker hates Charlie Brown.