One consequence of this is to infantilize government. When behavioural responses (drawn from a narrow historical literature) are presented as natural or inevitable (prevalent here now), it serves to weaken democratic agency at the expense of specific interests.
We already have comparably strong exit taxation (and it has expanded over time). A trailing tax would be an add-on, effectively extending the exit tax beyond the time-of-exit for X number of years.
Agreed, they should give me more space! I don't suggest a specific "recipe" but to take the exit tax example (or a trailing tax), that's obviously key to effectiveness (as is int'l info exchange)? But, it departs radically from the oft-used comparables from 1990s Denmark or 2022 Norway
Here as elsewhere, wealth tax debates revolve around taken-for-granted assumptions that are anything but. Capital flight is not a force of nature, revenue-raising is contingent; they depend on scope, enforcement, anti-avoidance, culture. The regulatory/institutional environment is *made not given*.
I'm in the FT today 👇
I do my best Captain Obvious impression with a "well, it depends" regarding the effectiveness of a proposed Danish wealth tax.
New article out with @lenseabrooke.bsky.social, Kevin L. Young and Søren Lund Frandsen in @degruyterbrill.bsky.social Journal of Organizational Sociology. We adapt niche construction theory to study interactions between organizations and environments.
www.degruyterbrill.com/document/doi...
oh that fickle existential balancing act of tax emigrates
Bessent rn:
New Paper out with @financeandspace.bsky.social (open access!) about attempts to make voluntary carbon markets 'liquid' via legal standardization, and a source of climate finance for the Global South. Plenty of strange things happening in the process. www.tandfonline.com/doi/full/10....
The discourse. Immense, it is. Immaculate.
Well, I’d like to see ol Mette F wriggle her way out of THIS jam!
*Mette F wriggles her way out of the jam easily*
Ah! Well. Nevertheless,
📣 Publication day! The first paper from my project on Europe’s EV battery roll-out is finally out
I unpack how the EU’s EV battery boom is entangled with sacrifice zones—investment in Serbia & Hungary de-risked through autocracy.
www.cogitatiopress.com/politicsandg...
Congrats! Looking forward to read, super interesting stuff. I may prod you later on this as a follow to our workshop from last year
Estimates from UK and Netherlands suggest global revenues from the global minimum tax will be around 30% lower under the "side-by-side" agreement (US carve-out).
This is line with @taxobservatory.bsky.social modelling from 2024 of the temporary UTPR exemption, so seems a credible magnitude.
Danish politicians and interest groups are fiercely debating the methodologies of economics working papers on wealth taxation over on LinkedIn. I, for one…
Damn there’s some bleak shit happening out there
Once again, the FT remains the only good global newspaper
Det vi har misforstået i Danmark er at man ikke bare kan diskutere en "formueskat". I andre lande får det sin egen nomenklatur. Buffett-skatten, Zuckerberg-skatten, Zucman-skatten, ultra-millionær-skatten, oligark-skatten. Hvor er vi henne? Mette-skatten, Seier-skatten, Morten Skov-skatten? Nej vel?
People trying to make this a Greenland election, I won’t stand for it
Tax policy at the top of the election agenda in Denmark, it's so on
"So what happens when a reputation for professional expertise and exemplary management becomes tarnished by yet another scandal?"
My colleague Laura Empson on the waning magic of big consultancies:
I have a new review paper out in @environmentalpol.bsky.social! ✨
What would it actually take for states to pursue green transformations? I identify 5 capacities — planning, disciplinary, strategic, legitimation and adaptive — and their respective policy elements, capabilities and institutions
Six years ago today. Just pre-COVID lockdowns (there's a story about my defence being the first superspreader event in Denmark but we'll leave that for another time), but feels like a lifetime ago.
The Big Four's loose legal network structures have, for a long time, helped the firms grow their global footprint and hedge against risks. But with increasing reputational pressure and investment needs, stronger hierarchical integration is well on the cards
Too few of these opportunities, still. Another great one is Socius' dataviz publications:
journals.sagepub.com/home/SRD
New data/description submission type alert 🚨
I aften holder jeg oplæg om skattely og den globale økonomi på Folkeuniversitetet (FUAU). Det glæder jeg mig til - og det glæder mig at mange, mange dygtige kolleger bidrager til den traditionsrige folkelige forskningsformidling. Det er vel husket i disse tider.
It was my mistake to write about obscure-but-not-quite-obscure-enough phenomena
I will not be annoyed that folks, in my discipline, who know my work, doing highly related research, refuse to engage with my work. I will not be annoyed that folks, in my discipline, who know my work, doing highly related research, refuse to engage with my work. I will not be annoyed that--*zen*
