Framing Analysis
Gov. Gavin Newsom and his wife reported annual income between $1.7 million and $2 million from 2022 through 2024, paying roughly $500,000 in combined federal and state taxes each year, according to more than 700 pages of returns released by his office. Most income derived from winery, restaurant, and hospitality businesses held in a blind trust. The filings also detail higher 2021 earnings of $4.2 million and a house sale that produced an $800,000 gain.