Describe what the people who created the bar chart were trying ti show, whether
ID: 3040890 • Letter: D
Question
Describe what the people who created the bar chart were trying ti show, whether the chart is a good representation , and do you think they are trying to be misleading whether there seems to be important infirmation missing any advice you have to make it a better bar chart?
FIGURE 2 Percent Change in After-tax Income From Proposals in the TP Unified Framework By expanded cash income percentile, 2018 and 2027 12% 10% 8% 6% 4% 2% 0% -296 2018 2027 All Lowest Second Middle Fourth 80-90 90-95 95-99 Top 1 Top 0.1 quintile quintile quintile quintile percent percent Source: Urban-Brookings Tax Policy Center Microsimulation Model (version 0217-1).Explanation / Answer
Is it a misrepresentation?
I don't think this is a bad representation as the author of the graph wanted to show data in a certain way.
What did the makers of this graph wanted to show?
The authors of the graph wanted to show the bias of increment in after-tax income in higher percentiles of income.
For example, In top 1 percentiles and top .1 percentiles we see a very high income growth of 8%-10% compared to the 0 to 2% in lower quantiles of the after-tax income.
At an overall the growth would not seem much i.e. ~ 2% though