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Lütke's tax-weighted voting endorsement

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    Shopify CEO Backed Giving the Rich More Votes and Pensioners None

    Shopify's billionaire CEO backed weighting votes by income tax and excluding non-taxpayers and pensioners, prompting weeks of condemnation and no change in law.

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    • Lütke endorsed weighted voting proportional to income tax paid in late July 2026.
    • The reported plan would exclude non-taxpayers and pensioners and strip millions of votes.
    • The main outcome was condemnation and commentary continuing into August 2026.
    • No verified full text of the @EricSThor proposal or confirmed verbatim Lütke wording beyond the endorsement.
    • No confirmed vote brackets, with only Coyne's one-vote-per-$100,000 description available and CBC excerpt truncated.
    • Whether Lütke clarifies, retracts, or restates the endorsement and its scope.
    • Whether Shopify faces sustained pressure from staff, merchants, or policymakers over its CEO's democratic views.

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Chi è coinvolto

Chi è coinvolto

Persone

  • Andrew CoyneCanadian magazine editor and journalist
  • Tobias LütkeGerman entrepreneur and software developer

Luoghi

  • Canada