What an awesome wrapping idea, take the first initial of whomever the present is for's name and wrap all of theirs with it, you wont even need tags. (unless, you have the same first letter or initial for every child) still a cute idea!
Newspaper wrapping and monogram gift tags! you know what - I have wrapped gifts in newspaper before but when they are all together like this they look terrific! I think this will be my plan for this year!