RE:RE:RE:RE:RE:Article!!
Chile is going through some massive transformations in terms of re wrting their constitituion for example...social disparity, inequality has driven this narrative where the front runner for political elections this nov and dec run off...is huge reformer with priorities of more fair wealth distribution and much higher taxation of mining companies...legilsation that passed the house now in the senate has a moving scale of taxation re commoditiy pricing...taxes of up to %80. This would crush company margins by %50...it remains to be seen what eventually happends, most likely a watered down version but still, the theme and trend is higher taxation on mining companies to pay for social inequality...which has also been multipled significantly from covid etc...gov't in debt tapping mining companies to bail them out. Look at Peru etc...it will be a real risk going forward just saying.