The phrase references potential legislative actions or proposals during the Trump administration concerning overtime pay and its tax implications. It suggests an initiative aimed at modifying how overtime earnings are treated for tax purposes, potentially involving an exemption or reduction of taxes applied to overtime compensation.
Such a proposal could have had significant economic impact, potentially incentivizing employees to work more overtime hours and providing them with a larger net income. Businesses might have adjusted staffing strategies, potentially favoring overtime over hiring new personnel. The historical context involves ongoing debates about fair wages, worker compensation, and the role of government in regulating labor practices.