Newsom’s Tax Files Reveal Wealth & Scrutiny | Venice Beach News

Venice Beach News Today | 2 Min News | The Daily News Now! · Jul 31, 2026 · 1m

Governor Newsom just released seven hundred pages of his tax filings, covering four years, as he prepares to exit office and possibly run for president in 2028. His income has hovered around $1.7 million annually since 2019, except for 2021 — when a $6 million house sale netted $800K, pushing his income to $4.2 million and taxes paid over $1 million. The filings reveal his wealth largely comes from wineries and restaurants managed by his sister and cousin via a blind trust, with annual childcare costs for three kids ranging from $14K to $44K. He also donated $40K–$65K yearly to charities…