Tax Tune - Capital Gains Sea Shanty

Send us Fan MailCapital Gains Sea ShantySung by Dyreng's DeductionsLyrics by Jeff HoopesThere once was a man who bought some stockIn a little firm they call gamestopThe price went up so he sold his sharesSittin on his gains so unawareThen, oh, the taxman comeTo tax his gains and stop his funOh, when, the taxin’ is doneHe’ll have some pennies and changeSo what could you do to stop the pain?To keep the taxman from your gains?To keep the tax from being incurredThe best way is to just deferThen, oh, the taxman comeTo tax his gains and stop his funOh, when, the taxin’ is doneHe’ll have some pennies and changeDeferrals not the only game in townTo save your money just share it aroundTo spare your gains from a high tax rateYou just need to donateThen, oh, the taxman comeTo tax his gains and stop his funOh, when, the taxin’ is doneHe’ll have some pennies and changeOoooohhhhhOoooohhhhOooooohhhhOooohhhhChorus OoooohhhChorus OoooohhhChorus OoooohhhChorus OoooohhhAnother trick to save tax costsIs to harvest your loss stocksSell as many as you have in gainsTo save yourself from taxman painsThen, oh, the taxman comeTo tax his gains and stop his funOh, when, the taxin’ is doneHe’ll have some pennies and changeIf you defer your gains so wellBecause you’re dead as a doornailYou’re dead but your estates got luckBecause your basis gets stepped upThen, oh, the taxman comeTo tax your gains and stop your funOh, when, the taxin’ is doneYou’ll have some pennies and changeOh, when, the taxin’ is doneYou’ll have some pennies and change