Shopify CEO Says It’s a ‘Good System’ to Strip Votes From Non-Taxpayers

Shopify co-founder and CEO Tobi Lütke on Sunday endorsed a proposal to weight voting power by income, backing an idea where people who pay no income tax get zero votes and top earners get up to five.

The exchange started with Lütke arguing that people receiving a locked-in pension should lose their right to vote, comparing retirees to minors who are legally dependent on someone else. Once a person’s pension is locked in and guaranteed, he wrote, that person becomes a dependent in the same category as a minor, no longer entitled to a vote, and should instead let people with a genuine stake in the future make the decisions.

A reply took the idea further, proposing a tiered system — no income tax paid means zero votes, $1 to $100,000 in tax means one vote, $100,000 to $200,000 means two, and so on up to a cap of five votes for anyone paying tax on $500,000 or more. 

Lütke endorsed it outright, replying “Good system.” 

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Section 3 of Canada’s Charter of Rights and Freedoms guarantees every citizen the right to vote and is one of the few Charter rights Parliament cannot override even by invoking the notwithstanding clause. 

Lütke has used his personal account to weigh in on political fights for years. He publicly defended the company’s decision to keep hosting Breitbart’s online store in 2017, calling it a free-speech matter. He’s criticized diversity-focused corporate culture, telling staff in an internal memo that “Shopify, like any other for-profit company, is not a family.”

He also once told staff that Shopify demanded the same level of commitment as a professional sports team and questioned why side hustles were ever tolerated… while sitting on the board of Coinbase himself.

Flashback: Shopify CEO Tobi Lütke Mad At Employees Having Side Hustles, Even Though He Also Has Part-Time Work

Information for this briefing was found via the sources and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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