What does it mean to be ‘rich’ in America?

Washington correspondent Todd Zwillich breaks down the politics behind the Bush-era tax cuts, made during a time of budget surplus, and the proposals to allow the cuts to expire on individuals making more than $250,000 a year. Are there political agendas here? Also, chief economist for the Concord Coalition, Diane Lim Rogers, discusses the economics of this debate. Will this benefit middle class America and, in turn, stimulate the economy or will it negatively affect small business owners that are in the $250,000 income bracket that will lose their tax break?