Seller Quotes (2 quotes)
Now it is by a fiction that the purchaser pays the mutation tax. In fact, it is always the seller who pays it. The buyer compares the money that he spends with the advantage that he gains, and this comparison determines it. If he did not make money out of it he would not buy it. When the registration tax did not exist, the purchaser had to pay the same sum for the same purpose, and this sum went into the pocket of the seller.
From Appendix A, 'Extracts From the Unpublished Writings of Carnot', Reflections on the Motive Power of Heat (1890, 2nd ed. 1897), 214-215.
The competition of the sellers would cause a momentary fall in the price of the lands, and would enable small farmers to become land-owners. The number of vast estates often badly managed would then be diminished, and considerable fortunes, changing hands more easily, would naturally pass into those which would be most likely to increase their value.
From Appendix A, 'Extracts From the Unpublished Writings of Carnot', Reflections on the Motive Power of Heat (1890, 2nd ed. 1897), 213.