From: Sandra Loosemore 
Newsgroups: misc.invest.financial-plan
Subject: Re: need recommandation on short term investment
Date: Tue, 10 Jul 2007 11:26:08 -0500
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BreadWithSpam@fractious.net writes:

> I think you might be mistaken.  In MA, 5.3% applies to wages,
> interest, dividends and long-term capital gains.  The 12% rate
> applies only to short-term cap-gains, and all cap-gains on
> collectibles.
> 
> MA's taxes used to be vastly more complicated (5 or 6
> different cap-gains holding periods, plus higher income
> tax rates on interest from out-of-state banks, but that
> stuff's gone away).

Hmmm, yes, I think you are right, and I was going on my memory
of the way things used to be.  :-P  Well, I have no interest-bearing
out-of-state bank accounts any more anyway; as I said, I've got my
cash in a money market fund, and use my muni bond holding as a backup
to that in case of some dire need for money.

-Sandra