Matt Badiali introduced the idea of Freedom Checks. The idea first came out in a viral video which showed how easy to would be for Americans to make money through the idea. The video received criticism from many investors, some saying that there was no way a person can money from such a program in such an easy way. Many investors kept off from the idea, but little did they know that they were walking away from a program that has the potential to change their lives. The biggest challenge faced by Freedom Checks idea was the fact that many people did not take an initiative to study and understand the idea.
Freedom Checks is an idea based on Statute 26-F of the internal revenue. There are some companies which enjoy tax exemption due to the nature of activities they carry out. These companies are the one to offer Freedom Checks. These companies are known as Master Limited Partnerships. These companies offer better services to the people than your normal companies. The fact that they enjoy tax exemptions means that they pay much of the profits they make to the investors. To benefit from this idea, one must invest in these companies. MLPs are mainly companies that deal with oil and gas production.
In one way or another, they must be dealing with natural resources produced in the United States. The government is encouraging more companies to invest in exploration and production of natural resources found in the country. The only way to make people benefit from the ongoing operations in the country is by giving these companies an advantage. They are exempted from taxation so that they can do more about the exploration of natural resources. MLPs are however supposed to meet some requirement. They must generate 90 percent of their revenue from the United States, and they must give a higher amount of their profits to the investors. Freedom Checks is not a scam as some people wanted others to believe. It is one of the highest paying investment programs in 2018. There are 568 MLPs in the country.