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Robert Reich: Hypocracy and Taxes

Keith and former U.S. Labor Secretary Robert Reich evaluate President Obama's latest argument in the fight to extend payroll tax cuts as the year-end deadline to extend the cuts approaches. Reich points out the hypocrisy inherent in the Republican opposition to the extension: “They don't want to raise taxes on rich, but acknowledge that may require raising taxes on everyone else.”

Keith and former U.S. Labor Secretary Robert Reich evaluate President Obama's latest argument in the fight to extend payroll tax cuts as the year-end deadline to extend the cuts approaches. Reich points out the hypocrisy inherent in the Republican opposition to the extension: “They don't want to raise taxes on rich, but acknowledge that may require raising taxes on everyone else.”