If it's still not clear, I'll offer another explanation.
Let's say the original WAV contains 100% of the information, a 256 Kbps MP3 contains 80% of the original, while 128 Kbps MP3 contains 60% of the original.
If you create a 128 Kbps MP3 from the original, you have 60%. Now you say you want to raise the bitrate to 256 Kbps. If you don't have the original, your existing (128 Kbps) MP3 will have to function as the original. So, you create a 256 Kbps from the 128 Kbps; you now have 80% from the original... BUT the original is already 60% of the WAV!
Now the quality of the result = 0.80 * 0.60 = 0.48... so if you do what you're wanting to do without the original WAV, you will end up with a MP3 song that is a mere ~48% of the original. Of course, that number holds true only if my original percentages are accurate, which they're not. Suffice it to say, though, that your result will be of lower quality than what you started with.