Economist Gray Kimbrough found that baby boomers collectively owned 21% of the nation's wealth in 1990, when the median boomer was 35 years old.

Owner of foreign trust deemed not subject to fine for beneficiary.

Even if Democrats manage to win control of the House, the Senate and the White House, wealth-tax supporters have become increasingly worried that their policy plans could be stymied by a constitutional challenge.

The three primary avenues of attack.

Salt Lake City-based Huntsman Family Investments was funded with more than $1 billion from family foundations and trusts.