Sentence examples for rate kicked from inspiring English sources

Back in 2004, the top tax rate kicked in at an income of $70,000.

The shadow chancellor, Ed Balls, refused to rule out changing the point at which the higher rate kicked in, saying he had to be "honest" with the public that there was still a £90bn deficit to pay off.

Before the changes, it was typical to find a cluster of transactions for just less than £125,000, where the 1% rate kicked in, at just under £250,000 where the rate changed from 1% to 3%, and at just below £500,000 where it increased to 4%.

From 1992, the year before a supposedly onerous new marginal tax rate kicked in, through 1998, the most recent year for which Internal Revenue figures are available, the average after-tax income of the richest one per cent rose from about four hundred thousand dollars to just under six hundred thousand, and from 12.2percentnt of the national net income to 15.7percentnt.

But for Ms. Gannon, the price was steep: an annual interest rate of about 23 percent, with a 33 percent penalty rate kicking in if she missed a payment.

The most likely explanation is that higher income tax receipts partially represent the new 50p rate kicking in and rasing revenue.

This would raise the city's top income tax rate to 4.3 percent from 3.88 percent, meaning, for instance, that those earning $1 million a year would pay an additional $2,000 annually in taxes, the higher rate kicking in after the first $500,000.

However, more workers will end up having to pay 40% tax as the amount of income you need to earn before this rate kicks in will fall to £41,865 from April 2014.

Defending its availability for some of the highest income groups, Osborne said the simplest way to introduce the scheme was so that it cut off at an individual income threshold of £150,000, when the 45p tax rate kicks in rather than at about £40,000, when the 40p tax rate begins.

It was on that basis that it became the first major economy to raise its interest rate, kicking it up to 3.25%, from 3%.

"The lure was that housing prices would always increase," so people with adjustable rate mortgages could refinance before the higher rates kicked in, Dr. Belsky said.