Jorge Onrubia?Fernández; José Félix Sanz?Sanz - Department of Economics, Faculty of Business and Economics - 2009
This paper quantifies the taxable income-marginal tax rate elasticities associated with Spanish Personal Income Tax. To that effect, according to Saez (2003), the fiscal drag between 1993 and 1994 was used as an instrument to identify the changes in the taxable income induced by changes in the...