The Tax Code Dance (To be sung to the tune of “Locomotion”) April 1, 2019 Janelle Fritts Janelle Fritts Everybody’s lookin’ for a smarter tax, now (Come on baby, cap that SALT deduction) You’ll find a bunch of info in your figures and facts, now (Come on baby, cap that SALT deduction) The answer to your question is simplicity, Transparency, and neutrality So come on, come on, cap that SALT deduction with me You just lower your rates, now Come on, baby Broad base Low tax Now, I think you’ve got the knack Now that you can do it, let’s make it plain, now (Come on baby, cap that SALT deduction) If we keep our rates stable, business helps the game, now (Come on baby, cap that SALT deduction) Do it nice and easy, now, don’t lose control A little bit of rhythm and a lot of soul Come on, come on Cap that SALT deduction with me Ye-ye-ye-yeah Filing is easy with a standard deduction (Come on baby, cap that SALT deduction) People should deduct the loss they got in production (Come on baby, cap that SALT deduction) There’s never been a dance that’s so easy to do And your state should consider full expensing too So come on, come on, cap that SALT deduction with me Stay informed on the tax policies impacting you. Subscribe to get insights from our trusted experts delivered straight to your inbox. Subscribe Share Tweet Share Email Topics Center for State Tax Policy Tags April Fools' Day
