Lorenzo de' Medici, the Magnificent (vol. 1 of 2)Reumont, Alfred von
History
Lorenzo de' Medici, the Magnificent (vol. 1 of 2)
Reumont, Alfred von
Medici, Lorenzo de', 1449-1492
An examination of the first _cadastre_ for the years 1427-30 gives a
clear insight into the condition of property in town and country. The
gross income of the citizens of Florence, then 90,000 to 95,000 in
number, was estimated in round numbers at 620,000 gold guilders, which,
allowing for the triple value of money, would be equal to 5,000,000
thalers (750,000_l._ sterling) at the present day. The town duties
produced 25,300 guilders, those of the country 18,500. Thirty-two
families paid upwards of a hundred guilders in taxes, two hundred paid
in all more than 12,800 guilders. The highest tax—that paid by Palla
Strozzi—was 507 guilders, which presupposes a fortune of 101,400
guilders, or, in present currency, 820,000 thalers (123,000_l._).
Second in the list of rich contributors is Giovanni de’ Medici,
who pays 397 guilders. Then come two branches of the Panchiatichi,
Francesco Tornabuoni, Niccolò da Uzzano, and Bernardo Lamberteschi,
with more than 200 others. The landed property belonging to the clergy,
to most of the benevolent institutions, and to the guilds within the
jurisdiction of the Republic, was valued at 1,577,000 guilders, while
the revenues of the clergy and the charities were put down at 130,000
guilders. The value of the untaxed monasteries was registered at
152,000 guilders. A few years later than this Cosimo de’ Medici, with
his sons and relatives, were charged with a tax of 428 guilders for his
business transactions. Seventy guilders of this amount were paid by the
bank at Florence, as much by the branches at London and Bruges, 96 by
those of Avignon and Geneva, 65 by that of Venice, and the rest by the
partners in the firm.
Public-domain text, read in full here on John Shaqi.
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