Question

Represent data mentioned above in terms of a graph or pie chart.

Hint:

In data representation, ensure that your chart highlights the key points, such as income disparities, and allows the viewer to easily see the differences between groups.

Answer 1

Step 1: Visualizing the Data. 
A pie chart or graph could be used to represent the data on income distribution. The distribution could show the percentage of income earned by different segments of the population, with 0.001% of tax-paying Americans receiving the majority of the wealth, followed by the bottom 90%, which has a small share of the income. The top 0.01% and 0.1% of income earners would show a much larger share than the average American. 
Step 2: Designing the Chart. 
The chart should highlight the drastic difference between the income distribution of the bottom 90% and the top 0.01%. The chart can have labels and proportions that indicate the relative growth of income for different groups. 
Step 3: Conclusion. 
This chart would visually represent the income disparities discussed in the passage, highlighting the significant concentration of income at the top.