Resumen de Reinterpreting the Frisch parameter in the field of personal taxation

José Andrés Faíña, Jesús López-Rodríguez, Laura Varela-Candamio

• We give an objective meaning to the concept of taxable capacity and also establish a theoretical link between OTT and the proposals of Carter and Meade Reports, solving at the same time Kay�s (2008) criticism to both approaches.