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Rep. Debbie Wasserman Schultz/ The Shark Tank

Wasserman Schultz’s Luxury Cars and Growing Net Worth Raise Questions

by Javier Manjarres

Congresswoman Debbie Wasserman Schultz has famously stated that she is a “middle class American,” and it was this very claim that prompted many of her critics to openly question whether or not it was a realistic assessment of her personal income and assets.  Wasserman Schultz’ Republican congressional opponent Karen Harrington has called on her to release her personal tax income tax returns in response to her repeated calls for Republican Presidential candidate Mitt Romney to do the same.

Subsequent reviews of Wasserman Schultz’ congressional financial disclosures revealed a not widely known fact that she owns a second home in New Hampshire and is also not required to disclose her husband’s salary, which could very easily put her family among the top 1% of income earners in the country.  In addition, the Shark Tank recently reported that the Congresswoman splurged on a one-week luxury cruise ship vacation that cost tens of thousands of dollars- hardly an expenditure that ‘middle-class’ Americans can avail themselves of.  (Source –N.H Home/Cruise Ship)

According to those financial disclosure forms, Mr. and Mrs. Schultz of Weston, Florida have seen their assets almost  double since she was elected to the U.S. Congress in 2005.  When comparing Congresswoman Wasserman Schultz’s 2005 disclosure form with her 2011 form, the only other salary she drew besides her congressional salary was $26,320 she received from the Democrat National Committee (see images below).

2011 Financial Disclosure (Salary)

 2005 Financial Disclosure (Salary)

The forms also state that Mr. Schultz’s salary is “$1,000 or more,” or “N/A” but don’t disclose his salary at Community Bank of Broward, where he is a bank vice president.

Again, Congresswoman Wasserman Schultz is not obligated to disclose her husband’s salary, but it is curious that the amount of Community Bank of Broward stock the Schultz’s had first acquired in 2005 does appear to have doubled according to her 2011 financial disclosures. 

 Is Mr. Schultz being compensated with company stock instead of a salary, or both?

2011 Financial Disclosure (Assets) –2005 Financial Disclosure (Assets)(Bottom)


So when you get down to it,  Wasserman Schultz’s claim that “I am a middle class’ American” argument really has no credibility, especially now that it’s been discovered that the Schultz’s own or lease $100K in automobiles in addition to their two homes whose estimated value is about $1 million.

Here is a picture of the Schultz family’s  ‘luxury’ vehicles parked in their driveway, partisan bumper stickers and all. Note that both of the  ‘vanity’ license plates are “Member of Congress” plates, the late model Corvette having a glaring ‘DWS’ on it. The white Infinity SUV sports a “Pink Slip Rick’ Scott bumper sticker, as well as two Obama for President ‘2012’ bumper stickers


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About author

Javier Manjarres
Javier Manjarres

As the managing editor of The Shark Tank, Javier was awarded the 2011 CPAC Blogger of the Year. Countless videos and articles from the Shark Tank have been featured on Fox News, The Hill, Wall Street Journal, and other national news publications. Javier has also appeared on Univision’s “Al Punto” and numerous radio shows, including being the weekly 92.5 Fox News' DayBreak with Drew Steele political contributor, as well as one of NewsmaxTV's conservative commentators. Javier has also authored "BROWN PEOPLE," which is a book about Hispanic Politics. Learn more at

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Wasserman Schultz’s Luxury Cars and Growing Net Worth Raise Questions

time to read: 2 min