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?

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

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.

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

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.

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

They are almost always mutually exclusive.

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

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.

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??

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.

There is no war but the Class War.

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.

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

that blood tank needs tyrant blood refilling

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.

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

This leads to the old "lead based voting system".

I would like to "vote" for a system where businesses pay a minimum of 35% tax, no exceptions or deductions.

Because they want to run the company towns of the 2000s.

Does anyone have tips for how to identify (and avoid) sites that use shopify?

Universal suffrage was a mistake. Maybe a confederation of workers councils would be better.

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

He yearns for the urn.

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.

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

Is he trying to radicalize people? Damn, that's just comic book evil.

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.

Technofeudalism is real.

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.

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

Whatever. That guy is a never nude.

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.