Going Galt

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{{uspolitics}}
 
{{uspolitics}}
 
"'''Going Galt'''" is a right-wing blog catchphrase inspired by the tax policy pushed by President [[Barack Obama]]. The idea is that having to pay 4.9% more in taxes on the part of their income that exceeds $250,000 per year constitutes such an intolerable burden that they should deliberately cut back on their business to lower their income to $249,999 per year, or flee the [[United States|U.S.]] altogether.
 
"'''Going Galt'''" is a right-wing blog catchphrase inspired by the tax policy pushed by President [[Barack Obama]]. The idea is that having to pay 4.9% more in taxes on the part of their income that exceeds $250,000 per year constitutes such an intolerable burden that they should deliberately cut back on their business to lower their income to $249,999 per year, or flee the [[United States|U.S.]] altogether.
 
It is largely promoted by idiots who can't do math, and by scaremongers trying to take advantage of idiots who can't do math.
 
  
 
== Who is John Galt? ==
 
== Who is John Galt? ==

Revision as of 21:28, 11 November 2012

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"Going Galt" is a right-wing blog catchphrase inspired by the tax policy pushed by President Barack Obama. The idea is that having to pay 4.9% more in taxes on the part of their income that exceeds $250,000 per year constitutes such an intolerable burden that they should deliberately cut back on their business to lower their income to $249,999 per year, or flee the U.S. altogether.

Contents

Who is John Galt?

As the name implies, this is inspired by the character of John Galt, the "hero" of Ayn Rand's Objectivist doorstopper, Atlas Shrugged, who destroys civilization to avoid paying taxes.[1] They apparently think this is a good idea, and hope to follow in his footsteps.

In the novel, John Galt declared his opposition to collectivism by starting a collective called Galt's Gulch.[2] He expressed his opposition to organized labor by organizing (what else?) a strike.

See also

External links

Footnotes

  1. Hicks, J. Brad. "Atlas Shrugged 2: Shrug Harder". The Infamous Brad. May 25, 2008. LiveJournal. http://bradhicks.livejournal.com/393124.html.
  2. Ayn Rand also had a collective of devoted followers.
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