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Because he's a Fascist worth $154B. Mystery solved.
Because the Ouroborus of capitalism has eaten around to the point it can see the back of its own head, and now it only has two solutions left.
maximize short term profits at the expense of everything else, and secure their position via buying governments/overthrowing governments/becoming government, in order to secure the constant flow of money and goods upwards to them.
How about no vote if your net worth is above 100m and you pay less than 25% in tax annually
Because the rich think they're better than us and have stopped fearing us
But everyone pays taxes, even the unemployed. Every purchase has taxes on it. For this proposal to work as he wants, the entire tax burden will have to be transferred to the income tax. Enjoy the tax hike and labor crisis.
Thanks fucking captain logical you got em.
Perfect example as to why wealthy people shouldn't exist. Why should this unelected idiot have this much social power to even propose this?
Yeah, billionaires should not exist
hell, I don't think people should have more than a few million at most. Just enough to perhaps buy ONE house and afford food. Billionaires have no place when there are people starving and barely managing to survive. They really are scum, aren't they :/
(gonna add me again, Admiral Patrick?)
one that would strip voting rights from anyone who pays no income tax
So he's in favor of stripping the voting rights of billionaires?
i think thats his argument. make billionaires pay tax to compete for policies. basically calling bribes tax or real life p2w, which it is currently but legal.
My take is, sack all of these billionaires and idiots on an remote small little island and let them figure out how they wanna govern themselves.
Like atlas shrugged? i like it! If we use the Randian framing they'll probably eat it up!
"nooo dont leave whatever will we do without someone to boss us around noooo please dont isolate yourself on a remote island pleeeeeease"
and then just not let em back in if they try
The self-serving “anarcho-capitalist” whore that died dependent on Medicare and social security.
HEY! Don't do whores dirty like that.
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Does one vote matter if you can buy thousands?
Tobias Lütke is a German born Canadian. Why is he commenting about US elections at all? He has never voted in the US.
Because he makes money from it, capitalism and fascism have no borders.
Edit: and I'm sure he's voted with his dollars.
Because he hates democracy everywhere, and thinks the US might be the next to fall, if it hasn't already.
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The shopify CEO wants to strip voting rights from people that don't pay taxes. So, 18-20 something year olds that don't have income and get claimed as a dependent. SAH mom's that get claimed as a dependent.
Fuck Tobias Lütke with a barbed wire wrapped dildo. Germany, Canada, please come pick up your trash.
Yeah the highly notable people Germany has been sending our way lately have largely sucked. The appreciation for Kim Petras can only go so far when we're also getting this guy and Thiel from them.
People who don't pay taxes? Why would a billionaire want to disenfranchise billionaires? 🤔
Stah moms pay taxes, we file jointly with our partners. It would be the young adult dependents and the rich people that live on loans instead of income, so they don't have to pay tax.
It would also be people who make little enough to get a full return. That's who they really want to disenfranchise
Yeah that's a good point
I think he may be onto something.
Perhaps there's some way to tie the weight of your vote to the ratio of taxes paid divided by wealth?
So, if you have billions in assets+wages, but pay less taxes than a guy earning minimum wage, your vote would essentially be completely ignored.
The problem is that combines with progressive taxation to fuck over the poor. It would prioritize high income low investment people
Under that idea, what happens to the vote of people who make too little to pay taxes? What if they don't have taxes because they don't have a job? What if you don’t pay taxes because you're homeless and don't have an address?
Well clearly, for those people the only fair way to handle it is to default to a vote weight of 1.0
I'm reading this as taking power away from the ruling class, not giving it. Rich people don't live on income, they live on loans guaranteed against their companies and off shore wealth right? They purposely keep low to no income, so they don't have to pay income tax. This way, if they do that, it will take away their vote.
??? The richest people wouldnt vote. They pay no income tax, famously.
I wonder if this is what he meant but somehow I doubt it
Yet another reason for me to dislike Shopify.
I already hated that all the small retailers I use have migrated to it and it pushes you to set up an account so that it can connect all my purchasing habits together from what should be independent retailers.
The problem here is that we have confused "financial success" with "merit".
They are almost always mutually exclusive.
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Universal suffrage was a mistake. Maybe a confederation of workers councils would be better.
So long as there are councils for those unable to work for any number of reasons. At the very least a disabled council and a reserve labor force (unemployed but willing to work) council
Nah you're think backwards. Who votes and influences policy the most? Old people. Why? They have time to go to townhalls (which are often scheduled during the work week times), they have time to line up at the polls. Politicians famously only listen to calls and many haven't updated their communications for the 21st century to take in new forms of communication.
So there's two clear solutions here.
- Mandatory voting. This includes making voting days holidays (to give people time) and removing any current obstacles that keep people from voting.
- Citizens need modern, local forums. We really shouldn't be on a private social media where anyone can yell at a politician in order to get news on policy. Tie these forums to voter's state ID and monitor them for feedback on proposals and bills.
That's the bare minimum.
You are assuming that the outcome of American democracy reflects the will of the people and that voters react to politicians not meeting their needs by voting them out. That is absolutely not the case. Universal Healthcare is consistently the most important issue to voters, but no politician, not even the Democrats has ever lost their election for refusing to endorse Universal Healthcare. Additionally no politician has ever lost their job because they gave tax breaks to corporations even though there is no case where giving a tax break to Amazon, et al, improves any of their constituents lives.
Back to Healthcare, Obama Care literally made the insurance industry hugely rich, reduced the quality of care across all demographics, and caused the absolute healthcare crisis we are in today and yet every single idiot liberal will call it a win even if the outcomes were worse for literally everyone.
But it also revealed that America is grappling with a political economy debate, as a frozen housing market and an entrenched wealthy baby boomer demographic have many, not just Lütke, arguing that something big needs to change.
Ja, I agree! People like him need to vanish. That is to say, there must not be any billionairs. They only exist because they take away value from those that work to produce it. In other words, they steal from workers, both domestic and foreign.
By law or by guillotine - those bastards need to go.
Okay, but if you're going to do that, those who pay more in taxes as a ratio to their net wealth should have more votes.
Also fuck shopify.
A “good system” would never allow billionaires to exist, and would entail a solution for the ones that already do.
This leads to the old "lead based voting system".
Does anyone have tips for how to identify (and avoid) sites that use shopify?
that blood tank needs tyrant blood refilling
I would like to "vote" for a system where businesses pay a minimum of 35% tax, no exceptions or deductions.
Most "nouveau rich" want to keep their wealth forever and will burn everything down to make it possible. The "I got mine!" is strong with this group. The "old money rich" will eventually extract that wealth from them over time because they are "players" and this is old hat to them.
Is he trying to radicalize people? Damn, that's just comic book evil.
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this post was submitted on 28 Jul 2026
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