It has been interesting to watch the concept of tax-incentivised savings and investment accounts move up the political agenda in recent years. Such schemes have long been in effect in the likes of the UK, Canada, and Sweden. But in Ireland, the tax treatment of investing has been complicated and punishing. The net result of this left many focused on building their wealth through pensions, property, and savings. The problem with the latter is that deposit interest rates in Ireland have been far too low to beat inflation, even before the State takes its slice, leaving taxpayers poorer in the…

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