Over a long period, the US government has formulated rules that have made the investment field lucrative and friendly. The laws have introduced tax exceptions in some investments thus leading to increased revenue collection. Oil drilling and gas industry have been the beneficiary of this program because the government wanted to remain self-reliant in producing its own oil products. This was a move introduced by the former president Nixon where the Master limited partnerships were excepted from paying taxes. The introduction of Freedom Checks has been instrumental in spearheading and development of investment programs that have seen local citizens buy shares in companies. Visit the website freedomchecks.com to learn more.
Through the Freedom Checks, over 550 energy-related businesses send quarterly or monthly statements to their investors. Master limited partnerships shareholders receive $160,000 every quarter. As such, the tax doesn’t apply to the shareholders but only when they sell the shares to other parties. This year, many people are expected to rip more from the $34.6 billion that will be paid into their accounts. People will receive the money that was initially invested in the MLPs and has matured. Some of the beneficiaries of the lion cake of $34.6 billion include Mike Reed from Colorado who will pocket $160,923, Lisa Luhrman from Oklahoma will receive $66,570 and finally, Doug Smith from Missouri will receive $24,075. All these payments depend on the initial amount of money that one invested in the Master limited partnerships.
Matt Badiali a seasoned entrepreneur and financial advisor, explain how the Freedom Checks works and how investing in the program is the sure way to make money currently. He says it is important for people across the board to understand the investment process and position their selves before July 1. This is because of the new tax plan that was passed which allows people to invest in the project without having to incur tax deductions.
The program is however exclusive for people who invest in companies related to the production of natural resources, storage, processing, and transportation. People can benefit from Freedom Checks by becoming a shareholder by investing as little as $10 in the companies described above. The media has also played a vital role in encouraging the public to invest in Freedom Checks by way of advertisement. This is manifested by the ad where Matt Badiali is shown holding a cheque that resembles the one people get from governments on issues with tax refunds. This has been instrumental in shaping the way the public view this form of investment.