Living the dream

It is hard to visualise how EU finance ministers could ever fulfil their dream of truly taxing every EU resident on savings interest. So long as the European Commission continues to compromise on what started out as an essentially good idea, that utopia will always remain tantalisingly out of reach. Every law-abiding citizen would agree that where tax is due, it should be paid. If it is not paid, then someone else, usually the honest crowd, are left to foot the deficit through additional taxation. No one likes that. So there is every reason why no-one should like the idea of tax cheats....