The recent raising of taxes for the high-earning employees was due to ______.

Question

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The raising of taxes for high-earning employees was due to the "fiscal cliff," which referred to a set of automatic tax increases and spending cuts that were put into effect at the beginning of 2013 in an effort to address the U.S. government's growing deficit. The tax increase affected individuals earning over $400,000 per year and households earning over $450,000 per year.

The Recent Raising of Taxes for the High-Earning Employees Was