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Newsom Releases Tax Returns Amid Probe | Portland Maine News

Newsom Releases Tax Returns Amid Probe | Portland Maine News

Published 17 hours ago
Description

California Governor Gavin Newsom just released seven hundred pages of his tax returns for 2021–2024, sparking renewed scrutiny after he skipped annual disclosures. The filings reveal his family spent nearly $200K on household staff and $14K–$44K annually on childcare for three kids. He also earned around $70K–$75K from author royalties, likely tied to his memoir. Generous charity donations totaled $40K–$67K yearly. Most income stems from businesses in blind trusts he established upon taking office, so specific profits aren’t broken down. His team says 2025 returns are pending and standard—aligning with prior financial disclosures. Meanwhile, Newsom faces a federal probe he calls politically motivated, aimed at him as a potential presidential candidate, despite previously claiming there was no reason the returns hadn’t been shared already.

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