Brumas da Memória
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Brumas da Memória
@BrumasDaMemoria
Apepto de Futebol⚽| Admirador do Bruma⚔️| Socialista🚩| Simpatizante da Ferrovia🚆. 🇬🇧 Football Fan | Bruma Enjoyer | Socialist | Train Enjoyer





Shocked by the daily news coming from Gaza: civilians starving, hospitals hit again by strikes. Violence must stop! The Israeli government must lift the blockade now and ensure the safe, swift, and unimpeded access of humanitarian aid. What’s happening in Gaza is a humanitarian tragedy. A whole people is being subjected to crushing, disproportionate military force. International law is systematically violated. A sustained ceasefire and the immediate and unconditional release of all the hostages are more urgent than ever.


O PS andou anos e anos a alimentar escandalosamente o Chega para tentar destruir o PSD e transformar-se num partido de poder permanente. Mas o que esta sondagem mostra é que é mais fácil o PS vir a ser ultrapassado pela sua criatura (7%) do que o PS igualar o PSD (8%). Bem feito.














Correction: it seems like the numbers cited by the Guardian above, which I used as the source for the computations above, were incorrect. Instead, a recent Q&A with the Norway Ministry of Finance, linked below, reports that only $4.3 of wealth left the country in 2022-23, resulting in a net gain of about $100M rather than a loss of $448M. This means that the immediate result of the wealth tax increase was net positive. That said, it doesn’t mean that the Laffer Curve isn't wrong. It is very much right; it just means that Norway’s current position on it isn’t as far to the right as I previously thought. The long-term net result of the wealth tax is still to be seen, though, as some billionaires might take longer than one year to move their fiscal residency. Moreover, people moving out of Norway hasn’t just an immediate negative effect on wealth tax but also a longer-term negative effect on economic growth – which is why the optimal point on the Laffer curve isn’t the apex (point B in the chart above) but a point somewhere to the left that maximizes growth (point A). However, as mentioned, at least the immediate net result was positive, and we got better information about Norway’s Laffer Curve’s shape. Apologies from my side for having taken for granted the numbers reported by Guardian without double-checking and many thanks to @jdcmedlock for pointing out the error and providing a solid source for the correct number. This is, by the way, why I’m glad I provided the sources for my computations: hadn’t I done that, spotting the mistake would have been more difficult. Also, I’m grateful to James for having not just pointed out the mistake but also provided a better source, which made it easier for me to verify and correct. I hope that the 4.5k people who retweeted my tweet will also retweet this correction. I also hope that @CitizenX and whoever plagiarized my tweet will issue a correction, too. This is one more reason why plagiarizing is bad, especially if you do it like @CitizenX, who copied the text but not the sources, making it difficult for their audience to check the claim and spot the mistake. Don’t plagiarize but if you do, please also copy and publish the sources. x.com/jdcmedlock/sta…






