national
California Governor Gavin Newsom Releases Personal Tax Filings
Just the facts
The tax records reveal that the couple earned between $1.7 million and $2 million annually from 2022 through 2024 and paid roughly $500,000 per year in combined state and federal taxes. Most of Newsom's income was generated by hospitality and winery businesses owned through PlumpJack Group and held in a blind trust, alongside his $200,000 state salary. In 2021, the couple reported $4.2 million in income after selling a home in Marin County for nearly $6 million. The voluntary release of financial records follows public announcements regarding federal inquiries into the couple's financial arrangements.
Why this is news
California Governor Gavin Newsom and his wife, Jennifer Siebel Newsom, publicly released over 700 pages of personal tax returns spanning four recent tax years.
Sources
This summary is compiled strictly from the original reporting below.