Episode Details

Governor Newsom’s office just released 700 pages of tax returns covering four years, offering a rare glimpse into his finances as he prepares for a possible 2028 presidential run. With income hovering around $1.7 million annually since 2019 — spiked to $4.2 million in 2021 thanks to an $800K profit from selling a house — the filings reveal he paid over $1 million in taxes that year. Most of his earnings come from his blind-trust winery and restaurant ventures, now managed by his sister and cousin at PlumpJack Group. Amid ongoing Justice Department investigations he calls politically motivated, the returns also show annual childcare costs of $14K–$44K for three kids and charitable donations ranging from $40K–$65K, including a high-end Armani suit donation in 2022.

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