NewsCovering California


California Gov. Newsom and wife earned $1.5 million in 2020

Jennifer Siebel Newsom, Gavin Newsom
Posted at 7:12 AM, Mar 23, 2022
and last updated 2022-03-23 12:10:26-04

SACRAMENTO (AP) — Tax records show California Democratic Gov. Gavin Newsom and his wife earned nearly $1.5 million in 2020 and paid about $480,000 in taxes.

Their income was down from $1.7 million the couple reported in 2019, which was his first year as governor. The couple’s joint federal tax return showed they paid a tax rate of about 32%.

Newsom earned about $201,000 as governor in 2020, but most of his income comes from winery and restaurant businesses that he put in a blind trust when he became governor.

His wife, Jennifer Siebel Newsom, is a documentary filmmaker.