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A bold experiment is under way in the world’s fifth-largest economy: French President Francois Hollande has announced his intent to tax the rich. What happens next could deliver a blow to one of global capitalism's most persistent myths.French President Francois Hollande is conducting a bold experiment that could deliver a blow to one of global capitalism's most persistent myths.

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French President Francois Hollande announced a $47 billion economic recovery plan Friday that will raise more than $25 billion from tax increases with the help of a 75 percent “supertax” on incomes of more than $1.3 million a year.

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Here's a startling, but perhaps not surprising, bit of news for those inclined to put colors on their kissers: The Food and Drug Administration ran some tests on hundreds of lipsticks and found that many made by popular brands such as L'Oreal, Cover Girl and Nars contained a very unsexy ingredient: lead.

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