At This Time
Open full sizeDebits & Credits, September 28, 2026. Laughs are nonrefundable.
Transcript. Panel 1, under a clock reading just before midnight, an importer sets a jar stamped “Patented” on Debit’s desk beside a customs entry form. Importer: “These land at 12:01. What’s my duty?” Debit: “A hundred percent. Section 232.” Panel 2, a corkboard: IEEPA crossed out and stamped void, §122 crossed out and marked expired 7/24, §301 forced labor crossed out, and §232 circled in green, “Pills = national security.” Panel 3, Debit with his “It depends” mug and a page reading “Commerce report due April 2027.” Debit: “Fourth statute. Same rate. If they’re patented.” Importer: “And if they’re generic?” Debit: “Zero. At this time.”
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This alert is for general information only and is not tax, legal, investment, or accounting advice. Consult your own advisers before acting. Carlos A. Schmidt, MBT, MBA, CPA · carlos@lapresallc.com · (917) 558-6393.