Of course, the result was the CIA acting as an enforcer for United Fruit in overthrowing the government. But in abstract, its a check on understating taxable property value that bears considering. Utsukushikereba sore de ii
The threat of nationalisation at compensation equivalent to the value declared for tax purposes is scary if and only if a) you systematically under-value your land in order to defraud the taxpayers AND b) there is a real need for land reform.
I am not sure that there is a real need for land reform in much of The West(TM). So we'd need an auditor corps to assess the property values.
- Jake Ceterum censeo Chicago esse delendam