Robert Reich: Mitt Romney's Capital Gains Magic

Here's a new video from Robert Reich, Chancellor's Professor of Public Policy at UC Berkeley, about the magic of "capital gains," the promary source of Mitt Romney's income and how it is that Romney could make $21 million in 2010 alone and pay only 13.9% in taxes. Reich breaks down how our tax law is skewed so badly to allow hedge fund managers, and private equity investors like Romney, to reap so much in reward while never risking a dime of their own money.

You can read more from Robert Reich at his blog.