Newsom and his wife earned about $2M a year from 2022 to 2024
California Governor Gavin Newsom has released four years of tax returns showing an annual income between $1.7 million and $2 million. The disclosure comes amid ongoing federal investigations into his finances as he considers a potential 2028 presidential run.
Why it matters
Financial transparency for high-profile political figures is critical for public trust, especially when they are under federal scrutiny and eyeing national office.
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SACRAMENTO, Calif. (AP) — 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.
The Democrat’s office released more than 700 pages of tax filings spanning four years for reporters to review, offering a window into Newsom’s finances as he prepares to leave office and considers a 2028 presidential bid . Newsom’s office did not release returns for 2025, because the couple filed for an extension and will complete those returns in October.
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