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.

  • tills13@lemmy.world
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    3 months ago

    The argument Iā€™ve heard from my parents is why should I pay for public healthcare when I can afford my own private healthcare.

    Which is so incredibly tone deaf

    • Railcar8095@lemm.ee
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      3 months ago

      ā€œDad, can you afford to burn $100? Why donā€™t you go it then?ā€

      Not the same of curse, they would probably save more than $100 dollars a month with public healthcare.

    • capital@lemmy.world
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      3 months ago

      Not just tone deaf, dumb as fuck.

      Iā€™ve had the same argument with my parents and they still wonā€™t admit that theyā€™re still ā€œpaying for everyone elseā€™s healthcareā€ via insurance but also paying insurance CEOā€™s paychecks on top of that.

    • prettybunnys@sh.itjust.works
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      3 months ago

      ā€œWhy should I take care of my aging parents when I can take care of myselfā€ is the appropriate response to that.

    • RangerJosie@sffa.community
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      3 months ago

      Thatā€™s THE Boomer take of all Boomer takes. Big ā€œfuck you, I got mineā€ energy. And itā€™s everything thatā€™s wrong with this country.

    • Angry_Autist (he/him)@lemmy.world
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      3 months ago

      EVERY argument I have heard against public healthcare has been tone deaf, statistically incorrect, and driven by gut feelings over kindergarten levels of economic understanding.

      In a world of perfect understanding, public healthcare would be a given.

      • tills13@lemmy.world
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        3 months ago

        Well healthcare up here in Canada is kinda fucked up unless your issue is critical. Their point was that they want to be able to skip the line because they are wealthy instead of trying to fix the system. Still idiotic.