The notion that (real) rich people, be they the "1 pct" or whatever, are job creators, never seemed right to me; and therefore the argument that giving these folks reduced taxes in order to create jobs was also incorrect.
The argument that rich people should pay less taxes , mostly proferred by rich people and their lobbyists / advocates is probably the same reason anyone would not want to pay more taxes - so that they can have more money for themselves. But , as usual, their notion of 'themselves' is short sighted and does not extend beyond their islands of gated communities, armed guards , or exclusive private schools. They forget their islands live somewhere, in a city, county, and a country, and that a significant amount of the value of living therein is derived from 'rest of us', the non wealthy.
The Bush tax cuts for the wealthy were correlated not with job creation , but with job emasculation and significantly enlarging the budget deficit, and , of course , with aggrandizing the rich.
'Trickle down' economics is more applicable for misery, than for wealth. Job emasculation of the '99 pct' or the masses, reduces the amount of money that those consumers can spend on everything, which, among many other things, reduces property values due to less ability to pay for houses, which reduces money flowing into public schools and the like. This makes for an less educated public and makes our country as a whole less competitive with other countries.