Tim Walz’s net worth is less than the average American’s - eviltoast

The all-American working man demeanor of Tim Walz—Kamala Harris’s new running mate—looks like it’s not just an act.

Financial disclosures show Tim Walz barely has any assets to his name. No stocks, bonds, or even property to call his own. Together with his wife, Gwen, his net worth is $330,000, according to a report by the Wall Street Journal citing financial disclosures from 2019, the year after he became Minnesota governor.

With that kind of meager nest egg, he would be more or less in line with the median figure for Americans his age (he’s 60), and even poorer than the average. One in 15 Americans is a millionaire, a recent UBS wealth report discovered.

Meanwhile, the gross annual income of Walz and his wife, Gwen, amounted to $166,719 before tax in 2022, according to their joint return filed that same year. Walz is even entitled to earn more than the $127,629 salary he receives as state governor, but he has elected not to receive the roughly $22,000 difference.

“Walz represents the stable middle class,” tax lawyer Megan Gorman, who authored a book on the personal finances of U.S. presidents, told the paper.

  • davidagain@lemmy.world
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    3 months ago

    You’re allowed to question things and other people are allowed to disagree with the downvote button. What’s the problem? Are you seriously trying to pretend you’re being cancelled because (checks notes) fewer than ten people disagree with you? That’s some persecution complex right there, that is.

      • davidagain@lemmy.world
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        3 months ago

        I don’t know, maybe your skepticism comes across as less than genuine or something. Maybe they felt like “I doubt it” wasn’t a great contribution. Maybe they thought your doubts were politically motivated. Maybe they were just in a bad mood, but you can’t really tell from the vote count and there’s no sense pretending that you aren’t allowed to say something just because some people didn’t like it. No one is going to be convinced about your point if all you’ve got to back it up is complaints about your downvotes.

        I say let it go and get on with the rest of your life.