28 APRIL 1866, Page 2

The Italian Collimate on finance have nearly agreed with the

Minister as to the new taxes to be voted. The most important is an income-tax of 8 per •cent. on all incomes not derived from the rent of land or houses. Those sources being already excessively taxed, will be mulcted only in 4 per cent. The multure tax is rejected, but new imposts will be placed upon corn, flour, liquors, salt, tobacco, and stamps, till the entire deficit is reduced to between two and three millions sterling a year. There is not much financial genius in these proposals, but 'taxes on income, salt, and liquors, if honestly worked, ought to draw largely. The difficulty is to get them honestly worked.