Limericks Économiques
Answers Professor Mankiw's Connundrum:
Said a Harvard professor of econ,
"That Google's got something unique on:
They have cash by the score,
Yet still borrow more;
This is something I've puzzled all week on."
Said an expert in cross-border taxes,
"I should hope the professor relaxes;
As Google keeps cash
In an overseas stash,
'Til taxation here wanes and not waxes."
Economics and Markets
Posted by John Kranz at May 18, 2011 1:46 PM