It would encompass all retirees living on Social Security and pension income, students, caregivers, disabled Americans, and millions of low-wage workers who owe no net federal income tax after deductions and credits. Meanwhile, a small population of high earners would receive up to five votes each—a fivefold multiplier on political power concentrated in the hands of people already holding disproportionate economic power. Perhaps ironically, Lütke's tweetstorm began as a response to Jordan Grimes bemoaning the current crisis conditions in the housing market. In 2022, Shopify shareholders approved a "Founder Share" structure that guarantees Lütke at least 40% of the company's voting power regardless of how much equity he actually owns—a mechanism governance watchdogs criticized as an entrenchment device that decouples voting power from ownership stake. In other words, Lütke secured himself outsize, guaranteed control over his own company's decisions—then publicly praised a system that would strip voting power from the majority of ordinary Americans in the political sphere.