Debunking Wage Average Meme Panel

Using GPT and IRS data from 2021, I evaluated the accuracy of a meme panel. The bottom line is that the meme panel captures the spirit of income inequality but substantially exaggerates the numbers. 

Here is the real data:



Here is the meme panel. Notice that it deducts counts of individuals, not percentages as above. This makes the meme panel less correct.



And, here is the entire calculation:



Here is the raw data:


It came from THIS PAGE.