Repeal the overseas exemption of $80,000

I heard that due to an uproar from the business community they have taken the provision out of the bill.

I did read on the news about this and the issue seems to have been dropped for now.

But just wait, things could change:

“Due to an error by congressional tax experts, a temporary suspension of taxes on dividends would cost billions more than senators thought when they voted last week to incorporate it into bill cutting taxes $350 billion over the coming decade.
Democrats said the mistake could complicate negotiations with Republicans over combining a Senate-passed tax bill with a version passed in the House .”

According to AP, it died in conference committee.