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.

  • triptrapper@lemmy.world
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    3 months ago

    As a recovering Catholic, my experience has been that Lutherans tend to be humble, charitable, andā€¦ not weird. Lutheranism puts a heavy emphasis on showing grace to yourself and people around you. I guess without the obsession with sex and shame, you can be a Christian and turn out pretty normal.

    • bitchkat@lemmy.world
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      3 months ago

      There are several sects of Lutheran. Missouri Synod is fucking nuts. My friend grew up in some other sect that found Missouri Synod too liberal.

    • punkaccountant@lemm.ee
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      3 months ago

      Ex-catholic here who unknowingly moved deep into WELS Lutheran territory (if u havenā€™t heard of that oneā€¦well, Iā€™m jealous ;)). Sadly, they ainā€™t all like that. And unlike Catholicismā€¦thereā€™s like a million different Lutheran synodsā€¦with rules and culture that vary WIDELY.