The all-American working man demeanor of Tim Walzā€”Kamala Harrisā€™s new running mateā€”looks like itā€™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 aĀ reportĀ by theĀ Wall Street JournalĀ 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 theĀ median figureĀ for Americans his age (heā€™s 60), and even poorer than the average. One in 15 Americans is a millionaire, a recent UBS wealth reportĀ 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 $127,629Ā salary he receivesĀ as state governor, but he has elected not to receive the roughly $22,000 difference.

ā€œWalz represents the stable middle class,ā€ tax lawyer Megan Gorman, who authored a book on the personal finances of U.S. presidents, told the paper.

  • Coelacanth@feddit.nu
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    3 months ago

    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. Itā€™s such a powerful contrast to billion dollar baby and Peter Thielā€™s plaything. He is demonstrably not in it for the money. Heā€™s just a guy, trying to improve peopleā€™s lives and thatā€™s it.

    • JimmyMcGill@lemmy.world
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      3 months ago

      Theyā€™ll spin it that heā€™s so poor that he is incompetent or just going for VP for the paycheck will ā€œbillionaireā€ Trump is a good business man and doesnā€™t need the paycheck at all. But it will probably backfire cuz that just makes Walz relatable AF, especially to younger or more rural voters.

      • Lost_My_Mind@lemmy.world
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        13 days ago

        ā€œHeā€™s just a guy doing work for MONEY!!! He doesnā€™t care about the JOB!!! He just shows up for a paycheck!!! He hates the American people, because as vice-president theyā€™re his BOSS!!! He hates his BOSSES!!! Not like Donald Trump! Trump only hates people who arenā€™t white! But he hates people equally, regardless of their job!ā€

        ā€œWhoa! This Walz guy sounds just like me! I only do my job for the money too! And I hate my boss! My company used to be so much bigger until my bosses fucked everything up! Blockbuster used to be HUGE!ā€

        ā€œYou work at a Blockbuster Video? Like the video tape rental place???ā€

        ā€œYeah!ā€

        ā€œWhere even IS a Blockbuster anymore??? I thought they all went out of businessā€¦ā€

        ā€œIn Alaska. We donā€™t have internet up here, so nobodys heard of Netflix.ā€

        ā€œYou live in Alaska? Iā€™m not sure you even CAN vote in a USA election. Thatā€™s part of Russia, man!ā€

        ā€œWhat? No itā€™s not.ā€

        ā€œIt used to be! And that means Russia can take it back anytime Putin wants.ā€

        ā€œThatā€™sā€¦not how that worksā€¦ā€

        ā€œTell that to Ukraine! Theyā€™re invading Russia right now.ā€

        ā€œI meanā€¦yeah, ok, they are, but only in self defense of a war thatā€™s been going on for 2 years prior.ā€

        ā€œAnd that war started because Ukraine didnā€™t just hand themselves over back to Russia. As theyā€™d previously been.ā€

        ā€œYouā€™re an idiot.ā€

        ā€œAnd you work for Blockbuster.ā€