Publicity about Freedom Checks was released early this by financial analyst Matt Badiali. Later in the year, another person in the financial industry tried to piggyback on this legitimate investment opportunity by going on about Trump Bonus Checks and making it sound like it was a similarly legitimate way to have amazing returns. This isn’t actually true.
The pitch for Trump Bonus Checks is that some “loophole” in legislation passed by Congress and signed by President Trump resulted in some 580ish companies issuing these payments to regular Americans who are their stockholders. The claim is that these are huge checks ranging from $40000 to $8000 a month.
The reality is that there was no such “loophole” passed by Congress. The backer of Trump Bonus Check propaganda actually just wants to sell subscriptions to his financial newsletter, Infinite Income, at $99 a year per pop. Subscribers find out they’re just being pitched to buy shares in some type of bogus foreign accounts that contain the money of American multinational corporations. It’s all nonsense.
So, are Freedom Checks also a scam? Not at all. Matt Badiali calls them Freedom Checks but they’ve been known by another term since 1987, Master Limited Partnerships. In that year, Congress wanted to support American oil and gas firms so they passed what is called the 26-F statute.
In return for drilling for oil and natural gas within America, meaning the nation doesn’t have to import as much oil from the Middle East, companies can set up as an MLP and reap some tax benefits. Their shareholders gain 100 percent of these companies profits which can result in very large dividends being paid out to them.
Freedom Checks are not a government program. They aren’t similar at all to Medicare, Medicaid, or Social Security. They’re a way for businesses to benefit and pass this along to their shareholders. As a matter of fact, their payments can be as much as three to four times what people receive from Social Security. Even better, there are not any income or age restrictions for people to collect their checks.
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