Harry Wilson, A Comptroller Candidate Of Means

Posted by Brooklyn Young Republican Club

Source: Celeste Katz / NY Daily Politics

While the economy started to sour in the last few years, Republican state controller candidate Harry Wilson actually doubled his income, gave more to charity and even spent more on household help, according to the tax returns he released today, reports our City Hall Bureau’s Kate Lucadamo after combing through reams of paperwork:

But his bump in earnings are a product of his relationship with Silver Point Capital, the Connecticut-based hedge fund where he was named partner in 2007. That’s when his income soared to $7.6 million — from $3.9 million in 2006, when he had a much smaller piece of the Silver Point pie, his camp said.

In 2008, his income, which also includes interest and losses on all investments, dipped to $6.2 million, likely because Silver Point and various stocks fell with the market downturn. Wilson’s 2009 taxes will be ready in the fall, because he filed for an extension.

Since 2006, the GOP hopeful gave roughly $53,000 to various charities, including his kid’s Scarsdale preschool and the Marine Corps Heritage Foundation (he participated in a USMC program one college summer and was impressed, an aide said).

The bulk of his largesse went to his alma mater, Harvard University.

In 2005, when he was pulling in $2.4 million, he gave $21,839 to charity, but his nanny collected $48,508, the tax records show. Wilson, a father of three, appears to have given his household help a raise — or hired more help — in 2008, because he paid about $10,000 more in taxes for them that year compared to the previous one.

While the bulk of his funds are in Silver Point, he also has a smattering of stock with Anheuser Busch, AIG and American Express.

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