The EU Tax Office

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/05/what_volcker_thinks.html

What is interesting here is that in point 12 he talks about the eurozone coordinating on tax and spending. 

This is the first time I have heard about this without it being immediately followed by "Never going to happen".


With Greece being bailed out by the other Euro members, it might seem fair to those bailing out the country that they help manage the payback.  I could actually image France and Germany agreeing to a European Tax Office to collect taxes from all people in the Euro zone.

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