Subject: S7-09-00

Date:    06/27/2000 12:11 AM
     
     
AOL 5.0
     
Re: S7-09-00
     
The SEC proposes calculating income taxes by using the highest tax bracket of 
39.6% saying it would be too cumbersome to include all the lower brackets. 
This year the 39.6% bracket applies only to income for couples and 
individuals that exceed 
$288,350.00. The majority of citizens do not fall in this bracket. Vanguard 
Funds has shown that after tax data can be reported for all brackets. It 
would help the majority of tax payers if the SEC revised its proposal to do 
the same. Perhaps by requiring Funds to make more extensive postings on their 
websites.
     
Thank You 
     
Patrick H, Kukla 
Taxpayer