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Genesis 41:34
ESV Let Pharaoh proceed to appoint overseers over the land and take one-fifth of the produce of the land of Egypt during the seven plentiful years.
NIV Let Pharaoh appoint commissioners over the land to take a fifth of the harvest of Egypt during the seven years of abundance.
NASB Let Pharaoh take action to appoint overseers in charge of the land, and let him take a fifth of the produce of the land of Egypt as a tax in the seven years of abundance.
CSB Let Pharaoh do this: Let him appoint overseers over the land and take a fifth of the harvest of the land of Egypt during the seven years of abundance.
NLT Then Pharaoh should appoint supervisors over the land and let them collect one-fifth of all the crops during the seven good years.
KJV Let Pharaoh do this, and let him appoint officers over the land, and take up the fifth part of the land of Egypt in the seven plenteous years.
NKJV Let Pharaoh do this, and let him appoint officers over the land, to collect one-fifth of the produce of the land of Egypt in the seven plentiful years.

What does Genesis 41:34 mean?

Joseph has revealed the meaning of Pharaoh's dreams (Genesis 41:28–32) and is now going beyond that. Despite not being asked for such advice, that we know of, this imprisoned slave (Genesis 41:14–16) is now telling the king of all Egypt how to manage the nation. He has advised Pharaoh to select a wise and discerning man and to give him the political authority to manage the coming famine (Genesis 41:33). For anyone to presume to tell the absolute dictator of a nation how to rule was a risky move. Yet Joseph seems confident that this is the message God wants him to speak.

Further, Joseph proposes a group of specially empowered overseers to work under that leader. Together, they should impose a tax on crops grown during the abundant seven years. These years will be immediately followed by seven years of harsh famine. According to Joseph, these administrators should require a full twenty percent of every crop to be given to the Egyptian government during those first bountiful seven years.

Further details about Joseph's plan come in the next verses (Genesis 41:35–36).
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