Gavin Newsom to release long-awaited tax returns by end of July

Gavin Newsom to release long-awaited tax returns by end of July

Gov. Gavin Newsom will release his latest tax returns by the end of this month, ending weeks of mounting questions over why the California Democrat stopped disclosing the records after 2020, The Post has learned.

“The remaining returns will be shared this month,” Newsom spokesperson Diana Crofts-Pelayo said in a statement to The Post.

Gov. Gavin Newsom has played coy about releasing his taxes for years, but that will change this month. Ren?e C. Byer/Zuma / SplashNews.com
President Trump has repeatedly attacked Newsom, saying the governor should be arrested. Saul Loeb/POOL via CNP/INSTARimages.com

“They’re unremarkable and entirely consistent with what Californians already know from his annual Form 700 disclosures. The Governor publicly released his tax returns while he was on the ballot and is happy to go above and beyond by releasing the remaining years as well.”

She added, “Californians can already go online and review his annual disclosures of income, investments, gifts, assets, liabilities, business interests, and other financial information.”

Newsom’s office said the tax returns will not have any bombshells. Ren?e C. Byer/Zuma / SplashNews.com

The announcement comes just over a week after Newsom bristled when The Post pressed him during a news conference about the missing tax returns and ongoing federal investigations involving him, First Partner Jennifer Siebel Newsom, members of his staff and figures in his political orbit.

“I know you love taxes,” Newsom quipped before pivoting to President Trump. “Donald Trump, when has he released them?”

Newsom and his wife, Jennifer Siebel Newsom, are both the subject of federal invetsigations. REUTERS

When reminded that he had previously portrayed himself as more transparent than Trump, Newsom insisted he had released his taxes “for decades” and promised the newer returns were coming.

“And you will have all those new tax returns, because — I have no reason why you haven’t gotten them already,” he said.

The Newsoms have accused Trump of weaponizing the Department of Justice. Instagram/@jennifersiebelnewsom
The IRS building in Washington, D.C. REUTERS

Despite pledging to release his returns annually while in office, Newsom has not publicly disclosed tax filings beyond those covering tax year 2020. He released multiple years of returns during his gubernatorial campaigns but has not published additional filings since 2022.

The missing returns have become a source of interest as federal investigators examine matters involving Newsom’s administration and political circle. The governor last month revealed that he and his wife were under federal investigation, accusing the Trump administration of weaponizing the Justice Department against political opponents.

Investigators have reportedly examined Jennifer Siebel Newsom’s taxes while separately probing matters connected to former Newsom chief of staff Dana Williamson, who pleaded guilty in May to conspiracy to commit bank and wire fraud, filing a false tax return and lying to the FBI. She has a sentencing hearing scheduled for Sept 17.

Newsom has repeatedly dismissed the investigations as politically motivated, arguing they are designed to damage a likely 2028 presidential contender.

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