Tax Returns Show California's Newsom Earning Between $1.7 Million and $2 Million Annually
The filings show the couple earned up to $2 million a year and paid about $500,000 annually in taxes while investigators review their finances.
- On Thursday, California Gov. Gavin Newsom allowed journalists to review four years of jointly filed tax returns covering 2021 through 2024, releasing more than 700 pages to provide a window into his finances as he considers a 2028 presidential bid.
- After criticism for withholding returns since 2020, a CalMatters inquiry in 2024 prompted the governor to disclose the records, which also come as the couple's finances face scrutiny from U.S. Justice Department investigations.
- Returns show the couple earned between $1.7 million and $2 million annually from 2022 through 2024, paying about half a million dollars yearly in taxes, with income declining approximately 18% since Newsom took office in 2019.
- Newsom alleged the Trump administration launched a baseless, politically motivated investigation into him and his wife at President Trump's request, though federal officials have not confirmed the probes and law enforcement sources said one involves Siebel Newsom's nonprofit tax activity.
- Spokesman Izzy Gardon called the release part of Newsom's "longstanding commitment to transparency," noting the couple filed for an extension on 2025 returns not expected until October.
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He knows how much Gavin Newsom earns as governor of California in 2026, how he evolved his salary since 2019, and what his estimated fortune is.
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discernmoney.comNewsom’s Tax Returns Finally Drop Revealing Millions While He Dodged Disclosure for Years
Gavin Newsom held out until the absolute last day. After promising year after year to release his tax returns while serving as California’s governor, he finally let a select group of reporters glance at more than 700 pages covering 2021 through 2024. No copies allowed. No photos. Just handwritten notes in a Sacramento office. The...
Tax returns show Gov. Gavin Newsom earning between $1.7 million and $2 million annually
California Gov. Gavin Newsom and his wife made between $1.7 million and $2 million annually from 2022 through 2024, and they paid about half a million a year in federal and state taxes, according to tax returns released by his office.
California Governor's office posted over 700 pages of tax returns to prove he has no strange income to hide.
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