Newsom and his wife release four years of tax returns

California Gov. Gavin Newsom released four years of his personal tax returns on Friday, fulfilling a pledge to voters. Newsom stopped disclosing the records after 2020 despite promising to disclose them annually while in office. On Friday, the governor’s office released over 700 pages of tax filings from 2021 to 2024, allowing reporters to look at them in person and take notes. None were allowed to make copies.

What do the tax documents show? The documents revealed Newsom and his wife, Jennifer Siebel Newsom, earned between $1.4 million and $3.5 million between 2019 and 2024, bringing in at least $11 million since Newsom took office, according to the Los Angeles Times. The tax returns also showed that the Newsoms paid nearly $2.8 million in federal income taxes and almost $500,000 in California income taxes from 2021 to 2024, The New York Times reported. According to the returns, the Newsoms paid nearly $200,000 in wages to household staff in 2024 alone. They also wrote off and donated $45,000 worth of luxury Armani business attire, which they estimated to be worth $4,900 in resale value, to an Oakland restorative justice nonprofit, according to The New York Times. Together, they donated between $40,000 and $67,000 to charity each year.

Gov. Newsom has accused President Donald Trump of weaponizing the Department of Justice against him and his family, including by investigating their finances. A source familiar with the situation told WORLD last month that the Department of Justice was looking into Jennifer Siebel Newsom’s finances and taxes and also investigating Gavin Newsom’s former chief of staff and current staff members. The source said several investigations into the Newsoms had been ongoing for roughly a year.