First, though lower income taxes are generally economically better than higher, no recession ever was kicked off primarily by an incremental change in marginal income tax rates.
FORBES: The 'Cost' Of Cuts
Low tax rates make it easier to get to the point of diminishing marginal utility from extra work and incremental investment risk.
FORBES: How I Know Higher Taxes Would Be Good For The Economy
Your marginal rate is the penalty you pay for earning an incremental dollar of income.
FORBES: Magazine Article
Under pure competition, it is rational for carriers to generate incremental revenue by setting fares only slightly above their marginal cost.
FORBES: Blame Antitrust, Not the Weather, For Travel Woes
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