Taylor Swift actually writes great lyrics. Sure her songs may be thematically repetitive but she is very descriptive and, to an extent, even poetic in the execution. She's a young girl writing music that appeals to young girls and she's great at that.
Paramore is definitely has the best lyrics in the world of music. Ever. By far. Everyone should go right now and tag every Paramore song with "great lyrics". Cause every song definitely deserving of such a tag. Or something.