Same Crate, New Hook, Part II
Open full sizeDebits & Credits, September 21, 2026. Laughs are nonrefundable.
Transcript. Panel 1, a customs dock; a WIDGETS crate on the counter. The importer holds a paid receipt; the officer’s clipboard shows IEEPA marked VOID. Importer: “I already paid the emergency tariff.” Officer: “Court closed that statute.” Panel 2, same crate; the officer holds stamps marked §301 and §232, and a §122 TEMP. stamp lies crossed out. Officer: “Don’t worry. We found two more.” Panel 3, Debit’s office, the “It depends.” mug, an estimated-tax voucher on the desk; the client holds the crate invoice. Client: “So am I done?” Debit: “The crate is. The Code isn’t.” Caption: The Supreme Court retired IEEPA. The crate did not retire.
Client alerts go out about once a week.
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 · Managing Member · carlos@lapresallc.com · (917) 558-6393.
