Many American plutocrats are hard right, the Mercers, Kochs, Scaifes, Mellons, and Richardsons among them. They've never met a democratic value that didn't threaten their wealth and position,
They have a deep interest in denying democracy to those who might make them pay a pittance in tax to support the society that enables and protects their wealth. They want more to avoid any restraint on the way they extract resources and profits. Cost be damned, as long as they don't pay it.