Can anyone describe the effects of taxation and price controls on the economy?

Generally, uneven income taxation is structured to redistribute wealth from the rich to the poor. Some believe this is needed to counteract the ';rich get richer / poor get poorer'; problem.





Price controls help break a problematic balance. Attempts to reduce inflation have a tendency to increase unemployment, and vice versa. Price controls help to break the uneven social effects.





Generally, the poor and the most menial workers are hardest hit by unemployment when inflation controls are attempted. Price controls can help to curb inflation without using unemployment as the ultimate result.





These methods are used to help social balance due to the way that rich people and large corporations are able to influence their environment to their favor.Can anyone describe the effects of taxation and price controls on the economy?
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Can anyone describe the effects of taxation and price controls on the economy?
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