They already do. And then some.
The richest 5% effectively don't pay any taxes. You know, tax loopholes? When their businesses suffer a loss, it's a tax write-off. Lunch is a tax deduction, because they call it a business lunch. Try pulling that one the next time you pick up a couple of ham sandwiches for you and a coworker during your lunch break..
You ever wonder why Hollywood produces some movies that from start to end, and I mean from the movie poster to tv, you can tell that it's absolute garbage? And then you actually do see this movie and wonder how the heck was it ever made, let alone distributed? Movie companies actually make a certain amount of intentional losers every year. They declare a loss, it's a tax write-off, and it lowers their tax bracket. That's right, they deliberately make a few movies that are designed to be so bad that it will lose them money, because they will actually make more money off of the general loss in the long run.
When Bruce Springsteen or the Kiss or whomever aren't touring or putting out an album, they too suffer a loss in income for that year(s). So the government refunds them enough so they can maintain what would otherwise be their normal income level. They literally get welfare in the realm of millions of dollars for every year that they're not out there making extra bucks.
Hey, Trump is famous for it, remember? So many of his businesses did so badly or outright failed, that he dug a hole that got him exempted from paying taxes for an entire decade. For an entire decade. For an entire decade. Trump. No taxes. An entire decade.