It's a Rainbow Holiday Merry Christmas, Happy New Year May your life be colorful like a rainbow It's a magic holiday Paint the world with your love and joy May your life be wonderful each day Just make a wish What would you like A tale, a toy, a movie You can have everything 'Cause here it's Christmas everyday It's Christmas every day For every little boy and girl It's a Rainbow Holiday Merry Christmas, Happy New Year May your life be colorful like a rainbow It's a magic holiday Paint the world with your love and joy now