[Verse 1] In nineteen twenty-one, Professor Haig conceived A formula for income that the world would soon receive Consumption plus the change in wealth from year to year This definition cuts through fog and makes taxation clear [Verse 2] Then Simons took the torch in thirty-eight Refined the concept, sealed the income fate Haig-Simons doctrine now the golden rule Measuring what flows into your economic pool [Chorus] Academic voices guide the tax machine Haig-Simons, Brooks, and Krishna paint the scene Duff and Freedman critique with sharper eyes These scholars built the framework, brick by brick they rise Foundation stones of law, foundation stones of law [Verse 3] Neil Brooks explored the family maze Imputed income in domestic days When spouses cook and clean without a wage Should tax law recognize this hidden stage? [Verse 4] Krishna's fundamentals, read with care Standard reference floating in the air But critical minds will question every page Duff and Freedman turn the scholarly stage [Chorus] Academic voices guide the tax machine Haig-Simons, Brooks, and Krishna paint the scene Duff and Freedman critique with sharper eyes These scholars built the framework, brick by brick they rise Foundation stones of law, foundation stones of law [Bridge] Conjugal relationships irrelevant, Brooks declares While Krishna simplifies what law prepares But Duff and team dissect with surgical precision Academic discourse shapes each legal decision [Outro] From theory to practice, the scholars pave The intellectual roads that taxpayers brave Their words become the backbone of the code Academic wisdom bears the legal load
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