The all-American working man demeanor of Tim WalzāKamala Harrisās new running mateālooks like itās 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 (heās 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.
āWalz 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.
The significance is that he doesnāt control how his pension is funded. Itās not like he has a vested interest in one company succeeding by having a bunch of stock there, and heās been in politics since the aughts. Itās refreshing when compared to other congressmen
Oh I agree completely. The problem is that when talking about this stuff in the scope of changing minds, if you neglect information people too easily dismiss it.
No you donāt agree completely. Your income =/= your net worth. If you ask me my net worth I donāt include my salary or anything. Itās the total net worth of my assets. Thatās literally all it is. There is nothing being neglected here.
Thatās like asking me my take home pay and claiming I was being opaque about it when I didnāt give you my monthly expenses. You asked about my income.
I agree to your last comment about it being refreshing that heās not some elite like so many others. Sorry that wasnāt clear.