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The High Cost to Middle Class of Low Taxes on the Rich

The GOP approach of cutting taxes and slashing expenses has its attractions: Nobody likes paying taxes, and "tightening our belts" sounds ever so grown up. But these proposed cuts in taxes and spending will benefit the wealthy, while placing an outsized burden on the country's poor and middle class.

Beer-Budget Gifts from High-End Brands

Recognizing that even the well-heeled have money problems these days and trying to expand their customer base, many luxury-goods sellers now have something for (almost) everyone. Here's a rundown of some less-pricey goodies you can get at the toniest shops in town.

The Most Expensive Gift at 12 American Retailers

Want to be an extra-generous Santa in 2010? Try buying the most expensive item at each of 12 popular U.S. retailers. According to an unscientific survey by 24/7 Wall St, that would set you back nearly $15 million (thanks mainly to a visit to Tiffany).

Fashionistas, Recessionistas and Prepsters: Is Preppy Dead?

Lisa Birnbach's True Prep, the long-awaited sequel to her 1980 opus, The Official Preppy Handbook, looks at how the prep lifestyle has weathered the past thirty years. Although upper class styles in the U.S. seem to be more influential than ever, the question arises: have the old standards of taste and decorum been replaced by something completely -- and incompatibly -- different?