this post was submitted on 28 Jul 2026
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Shopify CEO Tobias Lütke, whose company commands a market capitalization near $154 billion, told his social media followers this week that a tax-tiered voting system—one that would strip voting rights from anyone who pays no income tax—would be a “good system.”

That two-word endorsement, dropped into a viral thread, has reignited a debate over wealth, power, and democracy that most Americans thought was settled more than a century ago.

The proposal would invert the founding American principle of “no taxation without representation” into something closer to “no representation without taxation”—and specifically, high taxation. Reactions online split sharply: Some framed it as a provocative thought experiment about aligning fiscal responsibility with political voice, while others called it a naked attempt to legitimize plutocracy by giving billionaires and multimillionaires a formal, multiplied vote over the laws that govern everyone else.

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

At this point, their necks practically beg for the guillotine's blade. They keep reminding us:

The tree of liberty must be refreshed from time to time with the blood of . . . tyrants.

-Thomas Jefferson in November 13, 1787, letter to William Stephens Smith.

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[–] Bluescluestoothpaste@sh.itjust.works 15 points 6 hours ago (1 children)

That's literally the problem, United Statesians just believe money is the only thing that matters. Rape children, bomb civilians, pollute water and air


no, that's not a problem, we can look past that. If you make lots of money you are a good person, the more the better. That's just very literally how our society aligns itself.

Like it's so absurd, oh you took a sabbatical and had zero income, no vote for you! Like did the renaissance NOT happen? What is going on in our country??

[–] boonhet@sopuli.xyz 4 points 6 hours ago

If you make lots of money you are a good person, the more the better. That’s just very literally how our society aligns itself.

Gotta love the prosperity gospel. It is, in fact, God that makes you rich if you're a good person. Not exploitation of labour. And God makes you poor or gives you bad health if you're a bad person.

[–] Radical_Socialist_t00t@lemmy.ca 4 points 6 hours ago

Because thats how the rich see the 99.8% that isn't them, duh.

[–] dantheclamman@lemmy.world 5 points 7 hours ago
[–] Bluedragon012@lemmy.world 4 points 7 hours ago

So when we gonna start tracking the movements of these evil people so it easier for people to Luigi them?

[–] LodeMike@lemmy.today 4 points 7 hours ago* (last edited 7 hours ago)

Because he's a piece of shit

[–] steveLeo@lemmy.zip 2 points 7 hours ago (1 children)
[–] SoloCritical@lemmy.world 1 points 7 hours ago

The finest trait a CEO in a capitalist world could have,

[–] Dogiedog64@lemmy.world 11 points 15 hours ago (1 children)

Because he's a Fascist worth $154B. Mystery solved.

[–] zbyte64@awful.systems 2 points 6 hours ago

Other ledgers have him under worthless

[–] wolfpack86@lemmy.world 7 points 15 hours ago (1 children)

How about no vote if your net worth is above 100m and you pay less than 25% in tax annually

[–] PhoenixDog@lemmy.world 8 points 11 hours ago

I've always liked the idea of once you hit $999,999,999 net worth, everything above that is 100% taxed and you get a little trophy that says "Congratulations on Winning Capitalism" and you get your name of the wall of a local bar.

[–] captainlezbian@lemmy.world 8 points 16 hours ago

Because the rich think they're better than us and have stopped fearing us

[–] A_Random_Idiot@lemmy.world 4 points 15 hours ago

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.

[–] Archimedes@sh.itjust.works 12 points 21 hours ago (1 children)

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.

[–] Melvin_Ferd@lemmy.world 3 points 18 hours ago* (last edited 18 hours ago)

captain logical you got em.

[–] ParlimentOfDoom@piefed.zip 151 points 1 day ago* (last edited 1 day ago) (2 children)

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?

[–] Waterpumpee@lemmus.org 47 points 1 day ago (2 children)

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.

[–] tutter@lemmy.blahaj.zone 18 points 1 day ago (9 children)

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

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[–] BarneyPiccolo@lemmy.today 12 points 1 day ago (1 children)

There is no war but the Class War.

[–] BlackLaZoR@lemmy.world 3 points 1 day ago

I agree. Working class produces and every other class lives off of them.

[–] wizbiz@lemmy.blahaj.zone 27 points 1 day ago (1 children)

Perfect example as to why wealthy people shouldn't exist. Why should this unelected idiot have this much social power to even propose this?

[–] FoxtrotDeltaTango@sh.itjust.works 8 points 1 day ago (1 children)

Yeah, billionaires should not exist

[–] osanna@lemmy.vg 2 points 23 hours ago* (last edited 23 hours ago)

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?)

[–] SaveTheTuaHawk@lemmy.ca 43 points 1 day ago (2 children)

Tobias Lütke is a German born Canadian. Why is he commenting about US elections at all? He has never voted in the US.

[–] phutatorius@lemmy.zip 13 points 1 day ago

Because he hates democracy everywhere, and thinks the US might be the next to fall, if it hasn't already.

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[–] BarneyPiccolo@lemmy.today 7 points 1 day ago

When we claw back power, and there are social programs to cover healthcare, college, day care, etc., it will be necessary to harshly punish Sociopathic Oligarchs for their ongoing crimes (they won't be able to stop, they are mentally ill, they can't help themselves), up to, and including full confiscation of their wealth, leaving them penniless, homeless, and naked.

They will not be eligible for those social programs. They can live on the streets, and eat pigeons.

[–] Washedupcynic@lemmy.ca 15 points 1 day ago (5 children)

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.

[–] captainlezbian@lemmy.world 2 points 16 hours ago* (last edited 16 hours ago) (1 children)

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.

[–] Noobnarski@lemmy.world 1 points 11 hours ago

Nobody here sent them to you. They came because they could get away with such behaviour and even get rewarded for it in the US.

[–] yakko@feddit.uk 3 points 1 day ago

People who don't pay taxes? Why would a billionaire want to disenfranchise billionaires? 🤔

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[–] NABDad@lemmy.world 20 points 1 day ago (4 children)

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.

[–] captainlezbian@lemmy.world 2 points 16 hours ago* (last edited 16 hours ago)

The problem is that combines with progressive taxation to fuck over the poor. It would prioritize high income low investment people

[–] BlackLaZoR@lemmy.world 2 points 1 day ago (1 children)

I'd just cap the voting power bonus at ~1.5

If you pay taxes you should've higher voting power but not tremendously higher

[–] raze2012@lemmy.world 1 points 19 hours ago

Even simpler for me. Everyone gets one vote. You paying into social security? You get one more vote. We could break this down further to "is more than X% compensation social security payments", but let's keep it simple.

As much as we gripe, billionaires don't influence votes as much as we think (they simply lobby whoever gets in later). Politicians influence votes and focus on the demographic who votes the most. Who happen to be the people who don't need to plan around 8 hours of work in order to get to the polls. And those who won't be around to see the fruits of their labors 20+ years later. Let's reward those who work and need to face their future.

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[–] Derpenheim@lemmy.zip 23 points 1 day ago (1 children)

??? The richest people wouldnt vote. They pay no income tax, famously.

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[–] Australis13@fedia.io 40 points 1 day ago

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.

[–] TheReturnOfPEB@reddthat.com 23 points 1 day ago* (last edited 1 day ago) (2 children)

The problem here is that we have confused "financial success" with "merit".

They are almost always mutually exclusive.

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[–] Tolookah@discuss.tchncs.de 25 points 1 day ago

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.

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.

[–] Malyca@lemmy.zip 6 points 1 day ago (1 children)

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.

[–] BarneyPiccolo@lemmy.today 4 points 1 day ago

Tax wealth, not work.

A “good system” would never allow billionaires to exist, and would entail a solution for the ones that already do.

[–] desmosthenes@lemmy.world 12 points 1 day ago

that blood tank needs tyrant blood refilling

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