Impact of Taxes and Inflation Estimate the potential impact taxes and inflation can have on the purchasing power of an investment. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Inflation & Your Money It's important to understand how inflation is reported and how it can affect investments. Dog Bites and Homeowners Insurance Reviewing coverage options is just one thing responsible pet parents can do to help look out for their dogs. Does Your Child Need to File an Income Tax Return? When your child has income, there’s a good chance that he or she will need to report it and pay taxes.