Tacocat is a palindrome. (meaning they are the same spelled backwards and forwards.) It also the name of a band in Seattle, and a restaurant in Minneapolis. Very swag word.
Asian boy1: i hope you like to eat Tacos.
Asian boy2: No i like to eat Cats.
Asian boy1: Oh... Well, i guess we can have a Tacocat then.
Asian boy2: YAY!!!