EDITOR: The rich really have it easy paying taxes. Statistics by the IRS show the one-percenters paid 37.4 percent of all federal taxes in 2010. The five-percenters paid 59.1 percent and the top 10 percent only paid 70.6 percent of all federal taxes for 2010.
The bottom 50 percent paid 2.36 percent of total federal tax allowing for tax credits to them. Thankfully, the rich will really get it socked to them thanks to Barack Obama and his tax increases for the rich. The top 10 percent of earners should be paying at least 85 percent of all taxes, and they can support the rest of us. Thank you Obama.