Discussion about the introduction of the Tierwohlcent” in Germany: Financial experts analyze the effects on agriculture
According to a report by www.welt.de, Federal Agriculture Minister Cem Özdemir plans to introduce a meat tax. This tax, also known as the “animal welfare cent”, is intended to serve as a price premium for meat in the supermarket and may amount to around 40 cents per kilogram of meat and sausage. The background to this planned measure is the restructuring of animal husbandry by 2040, which could involve annual costs of up to 3.6 billion euros. While farmers' associations and the working group for rural agriculture express support for the planned levy, the FDP continues to speak out against "new taxes". However, it remains unclear whether revenue from the meat tax will actually benefit farmers. The introduction…

Discussion about the introduction of the Tierwohlcent” in Germany: Financial experts analyze the effects on agriculture
According to a report by www.welt.de, Federal Agriculture Minister Cem Özdemir plans to introduce a meat tax. This tax, also known as the “animal welfare cent”, is intended to serve as a price premium for meat in the supermarket and may amount to around 40 cents per kilogram of meat and sausage. The background to this planned measure is the restructuring of animal husbandry by 2040, which could involve annual costs of up to 3.6 billion euros. While farmers' associations and the working group for rural agriculture express support for the planned levy, the FDP continues to speak out against "new taxes". However, it remains unclear whether revenue from the meat tax will actually benefit farmers.
Imposing a meat tax could have far-reaching effects on the market and consumers. On the one hand, the price of meat and sausage in the supermarket would rise significantly, which could mean financial restrictions for consumers. This could also lead to a decline in meat consumption, which in turn would affect demand and therefore production. There could also be changes in agriculture as farmers could be forced to adapt their production methods to the new circumstances.
The introduction of a meat tax could also affect sales of animal products in the food industry. Suppliers and intermediaries would have to adapt to changes in costs and possible changes in consumer behavior.
Overall, the introduction of a meat tax is a complex measure that affects many different market players and could have far-reaching effects. It remains to be seen how the discussion about the “animal welfare cent” will develop and what specific measures will ultimately be implemented.
Source: www.welt.de
Read the source article at www.welt.de