You are right.
I think that while tax breaks help the big fish keep more money, in the end, they understand that STABILITY is paramount.
In grad business school you get hammered a lot with "stability and risk / country factors" when taking those courses on economics.
Who cares about a lower tax rate if there is no country left?
Regardless, let's bury the cheeto!
Edit: Forgot about it. The super rich are heavily dependent on stock price, as most of their wealth is stock options.
For the super rich, liquid wealth above a certain point becomes irrational. As in, having $500,000,000 in liquid wealth means everything on earth is essentially free. There's no reason to be that liquid, when you can let the criminals on Wall St. manufacture ROI.
When the criminals on Wall St. inevitably break our manufactured "economy" and crash the market, most of the Wall St. criminals have already extracted "wealth" and are just fine, and the super rich are basically handed a windfall.
When the stock market takes a shit, the super rich use their irrational liquid wealth to buy up shares and real property at firesale prices.
Rinse, repeat.
It always amuses me when people believe the super rich get bummed out when the market crashes. They're about to quadruple their wealth in a short period of time, much greater than some 7% or so annual ROI they might earn in a "functioning" market. They're insulated from a shit economy, unlike everyone else who have to pay the bills when the Wall St. casino craps out.
And of course the only Wall St. criminals who actually get prosecuted for the myriad of crimes committed are the ones who stole from the super rich. People who stole from everyone else get positions at the SEC and as Treasury Secretary.