Dear "danielpalos,"
The Rich do not need any tax breaks. But that is not the point.
Kindly remember that our Constitution prohibits taxes on incomes. The Founding Fathers recognized that government ought to be financed by the people utilizing its services: fees, excise taxes, and so on. To tax a man's income was to confiscate the product of his independent work, for no reason other than that the Government can throw you in jail if you don't pay. This is incredibly unfair.
But the Constitution was modified to allow taxation of incomes. Obviously, the "fair" way of taxing incomes would be to establish a percentage and have everyone pay that percentage of their income. In that way, the person making twice as much would pay twice as much in taxes - which is unfair - but it is tolerable.
But our tax code was born out of ENVY, nothing more. The Masses looked at those who were more successful than they were, and cried to their political representatives, "This is not FAIR. They have a lot more than we have!"
So the "progressive" tax principle was adopted, despite its fundamental unfairness. And now, a person making a million dollars a year pays INFINITELY more than the household making $30,000, because the less prosperous household pays either NOTHING in federal income taxes, or a NEGATIVE tax, in the form of the Earned Income Tax Credit.
This is fair? Why? That high income did not come out of luck or serendipity. That income usually comes from a lifetime of hard work, intelligent choices, and calculated risks.
So cutting the top marginal tax rate by a couple of percent is NOT a tax "break." It is partly rectifying a huge inequity ("unfairness") in the tax code. It is not a "break" when you are allowed to keep a little bit more of what you earn.