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Imagine what this could be used for when a fascist/communist/genocidal maniac gets elected and make full use of such data to single out groups of people for persecution.

Mere proposals of such a thing should be illegal and people engaged in development imprisoned and banned from holding public office.

+1, democracies really need to start establishing some serious red lines that are not to be crossed. Mass surveillance of citizens by any means (including purchasing it from corporations or obtaining it from other governments). Corporations should not have the rights of citizens, monopolies should be dismantled, and politicians should be able to be ejected and tried for crimes when they're committing them in office (qualified immunity should not only not be an excuse - but we should hold anyone working for the government to a HIGHER STANDARD, not a lower one!). As a start!
You mean when Justin Trudeau froze the bank accounts of protesters? It's not even something you have to imagine, it already happened in Canada.