A bill to amend the Internal Revenue Code of 1954 to exempt from taxation the earned income of certain individuals working outside the United States.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to: (1) eliminate the dollar maximums on the earned income exclusion for United States citizens working abroad who are bona fide residents of a foreign country; and (2) repeal the existing provisions allowing tax deductions for certain living expenses abroad.…