{"id":18942,"date":"2013-01-15T08:53:24","date_gmt":"2013-01-15T08:53:24","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=18942"},"modified":"2013-01-15T08:53:24","modified_gmt":"2013-01-15T08:53:24","slug":"hmv-i-hope-not-rip","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/01\/15\/hmv-i-hope-not-rip\/","title":{"rendered":"HMV: I hope not RIP"},"content":{"rendered":"<p>HMV is <a href=\"http:\/\/www.guardian.co.uk\/business\/2013\/jan\/15\/hmv-administrators-4500-jobs-at-risk\" target=\"_blank\">calling in\u00a0administrators<\/a>.<\/p>\n<p>It's no secret that the store has been in trouble for some time. And it's made mistakes, but I don't buy the argument for a moment that its failure is all down to bad management. Nor to the internet: it still has 38% of the physical music market in the UK, and that's big. I think a lot is down to bad tax policy.<\/p>\n<p>It refused to go to the Channel Islands at first: not wanting to take pat in blatant tax abuse. In the end it had to go: the tax abuse had become rampant. Tryin g to do the right thing cost it.<\/p>\n<p>And on line - untaxed and so subsidised - hit it hard.<\/p>\n<p>Business cannot compete on an unlevel playing field. Tax can and does unlevel playing fields. The abusers win. We all lose. We're seeing the price time and again.<\/p>\n<p>I hope HMV survives.<\/p>\n<p>I hope much more that the lessons for\u00a0government\u00a0on the impact of tax abuse are learned, very quickly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HMV is calling in\u00a0administrators. It&#8217;s no secret that the store has been in trouble for some time. And it&#8217;s made mistakes, but I don&#8217;t buy<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/01\/15\/hmv-i-hope-not-rip\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-18942","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/18942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=18942"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/18942\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=18942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=18942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=18942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}