Rob: "Someone Say Capital Gains?"

After yesterday's Fair Share discussion several people chimed in and asked Rob O'Donnell “what about capital gains and how the rich benefit?” O'Donnell discusses capital gains and how the 20% max touted by some omits the additional 3.8% Net Investment Income tax for high earners, for an effective maximum around 23.8%; Rob further explains how bipartisan administrations have maintained lower rates on long-term capital gains for roughly a century for recurring economic and practical reasons.