Alkaline phosphatase is one kind enzyme found in your body. Enzymes are proteins that help chemical reactions happen. For instance, they can break big molecules down into smaller parts, or they can help smaller molecules join together to form bigger structures.
Social Security is financed by a 12.4 percent tax on wages up to the annual threshold, with half (6.2 percent) paid by workers and the other half paid by employers. This taxable wage base usually goes up each yearâit rose from $117,000 in 2014 to $118,500 in 2015.
Inserting the gross and take-home pay numbers into the formula gives the percentage. In other words, for every $100 you earn, you actually receive $67.60. The other $32.40 is taken out of your paycheck for taxes and other deductions such as health insurance and retirement savings.