Walz’s meager finances match his background as a small-town coach from America’s heartland.
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.
If a poor American with no resources condemns our rigged, crony market capitalist economy, "they should stop complaining because they're just bitter."
If a rich American with resources condemns our rigged, crony market capitalist economy, "they should stop complaining or they're a hypocrite."
Our oligarchs like the casino they've made just fine. Either compliment their work or you're "free" to shut the hell up and get back to making them money. Of course this will be used against Walz for being a bad capitalist. As if how hard one capitalisms(exploits others) should be celebrated.
It just speaks to our backwards, inhuman, literally cancerous primary cultural value of greed first and only.
Military retirement benefits and teachers pensions mean you don't have to save a ridiculous 401k. Your average American wishes they had that freedom. Not a dig on Walz, just a dig on our retirement and healthcare system.
It’s almost as if the wholesome, good Christians became progressive labor supporters while the degenerate pseudo-Christians became asmondgold, otk and people like mr. beast, and the fucked up christians became maga nazi fascists.
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
They need to fucking run with this in their programming. It's such a powerful contrast to billion dollar baby and Peter Thiel's plaything. He is demonstrably not in it for the money. He's just a guy, trying to improve people's lives and that's it.
Net worth being 330 k puts him firmly above most Americans so what is this
That fortune article says the net worth of an average American is 1.06 million. That doesn't make any sense because the median personal income of Americans if you take out the billionaires is 36,000 per year. The median net worth of American households is 121,000 dollars. So he is three times as rich at a minimum.
I legitimately don't have anything against Tim Walz, and he seems like a pretty decent guy
I just don't like when statistics are completely mislabelled to spread propaganda. And the republicans do a hell of a lot more of propaganda and don't back anything up, but this is basically just propaganda. You can make stats look however you want if you cherry pick them. Let's not fall into the trap. The problem is still the stupidly wealthy rich.