`` Going John Galt '' refers to work slacking in regards to the forecasted U.S . Marginal tax rates increase for anyone earning more than $ 250,000 .
The phrase `` going John Galt '' or simply `` going Galt '' has been used to refer to productive members of society cutting back on work in response to the projected increase in U.S. marginal tax rates for those making over $ 250,000 , limits on deductions for higher earners , and the use of tax revenues for causes they regard as immoral .
John Galt