Economy, The Rich | featured news

Americans support raising taxes on the rich by a two-to-one margin, with many believing an increase would both help the economy and make the tax system fairer, according to a Pew poll released Monday afternoon. Forty-four percent of adults surveyed said that raising taxes on incomes above $250,000 would help the economy and increase fairness, while 22 percent said it would hurt the economy and 21 percent that it would make the system less fair.

President Obama used a Tuesday speech to not only push legislation enacting the so-called "Buffett Rule," but also outline his vision for the economy versus Republican presidential rivals.

The rich feel the pain of the recession, too. Sort of. On paper, Augustine Fou would seem to have little to fear. He and his wife earn around $400,000 a year. He has a solid marketing job and a doctorate from the Massachusetts Institute of Technology.