Graves v. New York Ex Rel. O'Keefe

Mr.- Justice Stone'

delivered the opinion of the Court.

We are asked to decide whether the imposition by the State of New York of án income tax on the salary of an employee of the Home Owners’ Loan Corporation places an unconstitutional burden upon the federal government.

Respondent, a resident of New York, was employed during 1934 as an examining attorney for the Home Owners’ Loan Corporation at an annual salary of $2,400. In his income tax return for that year he included his salary as subject to the New York,state income tax imposed by Art. 16 of the Tax Lawof New'York (Consol. .Laws,' c.…