The phrase refers to the potential implementation of a policy under a previous administration that would have eliminated or reduced taxes on overtime pay for eligible workers. Such a measure could directly impact the take-home pay of individuals who work beyond the standard 40-hour work week.
The potential benefits of such a policy included incentivizing overtime work, increasing disposable income for affected employees, and potentially stimulating economic activity through increased consumer spending. Historically, discussions around overtime pay and taxation have centered on balancing worker compensation with employer costs and the overall economic impact.