“What does this mean practically? Going Galt?”
If that’s the two-word summary, I suppose so; but modified slightly. It means (as I understand Karl) reducing your income and income-producing activity and trinket acquisition activity to the point or “a” point where your tax contribution to the government is minimized or eliminated.
In Libertarian (of which I don’t consider myself one) terms, if you believe (in general) that taxes are theft (and while some taxes are necessary, eg; in support of constitutionally-specified mandates, whether you and I may or may not agree on just what those are, inarguably and obviously, the amount of taxes devoted to redistribution, graft, and corruption, massively exceed whatever is Constitutionally-mandated or even reasonable)
Further: [in a previous Ticker]
http://market-ticker.org/akcs-www?post=225292
When that crash comes there will be no peaceful solution to the millions of enraged non-producers who will panic, rob, rape and destroy.
Our currency will become even more inflated than Karl's ego. The only hope is Christian revival, a concept that Karl cannot fathom. Short of that, prepare to defend your family and property, and be ready for the rebuilding when rage eventually burns out and becomes despair.