California Gov. Gavin Newsom has released several years of tax returns as he weighs a potential run for president in 2028, according to reports. The disclosure includes returns for Newsom and his wife, providing information about the couple’s income and tax filings during his tenure as governor.
Reports indicate that the Newsoms earned substantial annual income, with coverage citing different totals depending on the year and the way income was calculated. One account said the couple reported $1.4 million in 2024, while other reports described annual earnings ranging from about $1.7 million to $2 million. The figures reflect the couple’s combined finances rather than Newsom’s government salary alone.
The release covers the past four years and follows a familiar practice among prospective presidential candidates, who often disclose tax information to address questions about their finances and promote transparency. Newsom has not been identified as a formal 2028 candidate in the information provided, but the timing of the disclosure has been linked to speculation about his political plans after his governorship.
The tax returns offer a view of the couple’s reported income, deductions and taxes over the period covered. They do not by themselves establish whether Newsom will seek the presidency, but their release adds to public scrutiny of his finances as discussion of the next presidential campaign develops.
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