The government has more incentive to tax the rich and ultra rich with higher percentage because it results in higher revenue. From socioeconomic perspective, it also makes more sense because it helps balance out income inequalities between the upper classes and the poor and helps creates more stability. Also, frantically speaking, the super affluent people won't sweat over their bank even if they get taxed at 35%, versus the poor, who might be strapped for every dollar and constantly worry about putting meals on the table to feed the family already so a 35% tax may as well meaning the end of their lives. Lower the rate for all classes though means a lost opportunity for gov't to potentially collect more cash from the Rich which is also not ideal. Problem though, as many have said, is tax evasion. Additionally, in the US there there are soo many loopholes in the tax rules, not to mention the many exceptions, and exceptions to exceptions, which are basically written because lobbyists paid a ton of money to make the tax laws more aligned with their interest. Also, within the boundaries of the law there are tax strategies that you could employ to minimize taxation, so even though there's a high nominal rate on the rich optically, in actuality they are not really paying that rate on their tax return, with some/many probably barely pay any. So att the end of the date, we see that no matter which political party is in charge of power, the middle class is always the one that ends up paying more tax relative to their total fortune instead of the real rich billionaires.
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