Freedom Checks was created in 2016 by Matt Badiali. It is a tax-free investment opportunity that allows over 500 businesses in the energy industry to send quarterly or monthly checks to their investors. These businesses are called master limited partnerships and are involved in the natural gas and oil industry. These firms receive a special tax exemption when they give their investors 90 cents of every dollar from their earnings as distributions, similar to dividends. These master limited partnerships are not subject to the federal income tax and their investors are taxed at lower capital gains rate if they sell their shares. If investors do not sell, they are not taxed at all as their earnings are treated as return of capital rather than income. All of these policies make investing in the energy sector extremely appealing. It is reported that some shareholders receive up to $160,000 every quarter. U.S. citizens can start receiving Freedom Checks by buying shares for as low as $50.
Due to the large number of scams and schemes on the internet, many Americans have been hesitant to jump on the Freedom Check wagon. Matt Badiali has over two decades of experience in natural resources and is considered an expert in the industry. Badiali introduced Freedom Checks as an investment resulting from America’s goal of becoming energy independent in the near future. Due to the substantial decrease in imported oil from the Middle East there has been an increase in oil and gas production in the United States. The American companies involved in this are expected to generate large profits. These profits are estimated to be able to pay out $34.6 billion in Freedom Checks in the next year alone. Badiali estimates that some companies could see gains ranging from 5889%-39832%, meaning a $1000 investment could turn into $398,000. 568 companies are now involved and issue monthly or quarterly payments and many Americans who have invested are seeing the substantial returns.