In a large standing mixer, mix 4 sticks butter, 2 tablespoons vanilla extract until creamy on medium speed.
On low speed, add 6 cups powdered sugar and 4 tablespoons milk. Mix until combined. If you want it thicker, add more powdered sugar. If it becomes too thick, add 1/4 teaspoons milk as needed.
Frost your cake layers and then add the remaining butter and vanilla extract to the existing frosting. Mix until combined.
Next, add remaining powder sugar and milk. Blend until combined completely.
In separate bowls, add colorings of choice. Add 3/4 cup or so to each bowl so you have equal amounts. Then, distribute any leftlover frosting among each bowl. Mix the frostings together one by one.
Working in two batches, cut off a 15-inch piece of cling wrap. (video is there for visuals) add long lines of colors next to one another. Grab one end of the cling wrap and folder over to the other end of the wrap. Press air out and then drape the folded cling wrap back over the frosting to make a log.
Prepare your piping bag with the 1M tip, cutting off the plastic tip so the metal piping tip is exposed.
Cut off one end of the cling wrap and stuff in the piping bag. Pipe away!