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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.
Tulichojua kwanza
- 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.
Ambacho hakikuwa wazi wakati huo
- 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.
Tulichosema tungefuatilia
- 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.
