This could be pretty fun to have, and make the evil part of us laugh.
Each planet would have a selectable option which range from "Genocide" to Slave Labor.
Genocide - Reduces planets income, but increases the culture of near by planets - but decreases their resistence to unfriendly culture
Slave Labor - Increases income from planet, but decreases culture
And so on. This could add some more strategy to the game as you wouldn't want to use genocide near an outside planet, or use it if it's about to be destroyed.