Overview

• The German government has partially backtracked on proposed tax hikes for farmers, following widespread protests.
• The tax privileges for farmers will be phased out gradually over multiple years, rather than being cut abruptly as initially proposed.
• The government also plans to waive the planned tax increases for agricultural vehicles.
• Despite these concessions, the German Farmers' Association remains dissatisfied, insisting that both proposals for cuts must be completely withdrawn.
• The government plans to compensate for the latest change to its budget plan partly by using revenue from offshore wind tenders.