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What is going Galt? definition and meaning

December 29, 2012 1 comment

Expression for undergoing a voluntary financial strike or decrease in income.

English: Protester seen at Chicago Tax Day Tea...

English: Protester seen at Chicago Tax Day Tea Party protest with sign reading “I am John Galt”. Edited to protect protester’s identity. (Photo credit: Wikipedia)

 

An individual might choose to do this in order to protest the amount of money going to the government, or to protest what they feel are unfair taxes (if they earn less, they will be taxed less, therefore hurting the government).

The term is taken from a character in Ayn Rand‘s novel “Atlas Shrugged“; the main character John Galt leads a movement where the wealthiest individuals leave their jobs for low-paying jobs in order to protest the socialist economy.

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