Expression for undergoing a voluntary financial strike or decrease in income. 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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James on The Monica Perez Show on … Norman on Show today 3-5! Norman on For the glossary: Digitization… Norman on For the glossary: Digitization… austrogirl on Show Tomorrow 3-6PM ET on…