How Gov. Newsom Funneled Millions to Himself
Gov. Gavin Newsom had helped set up a state government agency for his wife and then a quasi-government non-profit to which he has directed millions of dollars which in turn helped promote yet another non-profit that puts millions of dollars in the pockets of the Newsoms. That convoluted arrangement may explain why Newsom won’t turn over his tax returns. Gov. Newsom promised to be the first California governor to release his tax returns every year, but media outlets have been grumbling that the last time he released a tax return was quite a few years ago when he was legally required to because he was running for reelection. The questions got louder when he bought a $9 million house in addition to their $6 million house. The new 5,609 square foot estate comes with a spa, sculptures and Brazilian decks, and was bought from a member of the billionaire Pritzker clan, who have been one of Newsom’s major donors, and carries a $6.5 million mortgage with $600,000 in annual payments plus over ...