`` 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 , increased limits on tax deductions , and the use of tax revenues for causes they regard as immoral .
John Galt