· • · .- . . � whi , ent 2" which mad 10 in! Lf wero the three top Bl film; 0 the year which collec- tively 137 million. M vi are exampl of money making p i tion for if we'd j t put our collective upport hioo our own. Bl k filmmakedohn Sin I l\ made "Boyz in the Hood' for whi tudi and made $56 million for the people who were in the deal. Mario Van Peebles had a imil r deal with peopl who [rom ''New Jack City" or his in- v rs. Am, of cou , Spike' "Jungle Fever" rounded out the top three Black movies of '91, and has mad $32 million Cor his production arrangement in � theaters aOO is oow going into his second market, video sales and rentals, for e n more dough. BEC U TH M TING BUSINESS/FINANCE Southw at Michigan Minority Bu In a Aa oclation off r : b ck ro (I·r) Gant, Magg Hawkln . Front row: (l-r) Wil on, Atkin on, R d, nd Hannah. (photo by D. Cooka). 115 million di uit filed again SEArIT..E - A discrimination . suit eeking $115 million in damage from the Nordstrom Company, Inc., a major retail chain based in Seattle, was filed Nov. 18 in federal district court. The uit was filed on behalf of �ree former African-American employees at Nordstrom, and three African-American business owners. The complaint charges Nord trom with racial prejudice and di crimination in the company's efforts to "blackball" three former African American employees. . Nordstrom, through its agents, violated mutual confidentiality agreements, preventing plaintiffs from pursuing employment or other opportunities in their respective fields. It is also al­ leged, by the business owners, that through negative control, Nordstrom forced their minority­ owned company into bankruptcy. crimination retai I chai n "Nordstrom's action toward Myriad and the behavior toward Jim Nicholson on the part of Nordstrom officers, reflect a company in which racial prejudice and especially an­ tagonism toward African Americans is an accepted part of the corporate culture," said Eddie Rye, Jr. In September 1991, Rye, on behalf of th Black Contractors Coalition, reque ted that Richard Held, special agent in Charge, Federal Bureau of Investigation (FBI), and William McGivern, Justice Department, U.S. At r­ ney, Northern Division, San Fran­ cisco, both investigate Nord trorn's participation in events leading up to Myriad Di - tribution Services (MDS), a sub­ sidiary of MSS, filing bankruptcy and Nordstrom's possible viola­ tion of federal laws through manipulation and negative con­ trol over MDS. THREE PRINCIPALS other than Nichol on and Myriad. have joined the suit. Additionally. two other ex-employees have charged that settlement agreements signed between themselves and Nordstrom upon their termina­ tions from the company were vio­ lated. The men claim that Nordstrom executives made dis­ paraging remarks to potential employers concerning the men's job performance, therefore preventing them from attaining additional employment. It is further alleged that Nordstrom has established a tradition of awarding settlements just prior to the filing of dis­ crimination suits in efforts to silence minority grievances. there is nsing concern that Nordstrom'S attempt to muzzle its racist practice toward minorities needs to be expo ed. More recent complaints have been filed with local human rights agencies. Three African American females have filed suits that are pending and current Nordstrom African American employees are complaining about their loss of working hours in favor of White co-workers. Nordstrom al 0 faced picket­ ing over the holidays for its dis­ criminatory practices. This action is supported by People Against Racism At Nordstrom (P ARAN) in response to a nation­ al boycott, called by MDELDEF. of Washington, D. C. Robinson has called on Fred Rashid, national economic direc­ tor of the NAACP and their coali­ tion with other groups to assist in the fight against Nordstrom and their practices. For Working Familie F bruary 6, 1992 9:00 .m. - Noon 13th Floor Auditorium, City-County Bldg. 2 Woodward Ave. Detroit Federal Estate Tax These are typtcat of questions asked by taxpayers and are pre­ sented as a public service of this publication and the IRS. Q. 1 recently inherited some! prop­ erty. Will I have to pay federal tax on it? A. Probably not. Because the cs­ tate of the decedent (the per' n who died) is primarily re ponsible for paying the l� x on the entire taxable estate, you as a beneficiary usually would not have to pay t • ix. However, if the estate did not pay the estate tax, you would have to pay part of it bused un the value of what you received. Q. 1 am the executor of an estate. How vulu.rble does an estate have to be to require filing a federal estate tax return� A. You must tile Form 706. "United Stares '�late (and Gcncr­ auon-Skipping Transfer) Tax Re­ turn," if the! value of the gross e tate wa more than $600,000 and the de edent was a U .. citizen O.r: resident. Q. When. docs the federal estate tax return have to be filed'! Dial 1-900-896-0000 A kfor Ext. # 214 ·1 Taxpayers !\sk IRS IN A LETTER to' Bruce Nordstrom. co-chairman of Nord trom, Anthony Robinson of the Minority Business Enterprise Legal Defense and Education Fund, Inc. (MBELDEF), ex­ pressed concern that Nordstrom, by exerting negative control over Myriad Systems and Services (MSS), a minority-owned telecommunications company, is also in violation of federal laws. MSS is also certified under the SBA 8-A Disadvantaged Pro­ gram. Jim Nicholson, founder of MSS, and an ex-employee of Nordstrom, served for 13 years as general manager of the Nord trorn flagship store located in Seattle. OTHER BOYSCOTTS AND demonstrations are planned on a nationwide basis at all Nordstrom stores. Nordstrom stock advice, on the part of Les Childress, of Childress Investment Research, switched from a "buy" to a "sell" mode. For their "being coldly' obstinate ... " stated Eric Vickers, attorney for MDELDEF, in a let­ ter to Nordstrom's counsel, Nordstrom needs to be taught a lesson in humihty. Vickers further stated, "For. only then, will we be able to vin­ dicate the principle that the minority community is to be treated wi th respect and not tokenism." I .I. If the gross estate is worth mort: than $60U,OOO, tile -orm 7Ub and pay the estate tax within nine months after the date of death, unless the I RS grants an extension. BlACKS IN TIlE movie busine till suffer from the problems of America' irstitu­ tional racism, but they also still have a lack of internal support Studies of the entertainment in­ dustry have sbown that Blacks continue to be discriminated agairst in every segment of the industry. According to the NAACP. there is but ore Black vice presi­ dent in a feature film production po ition in Hollywood, Black performers are still relegated to supported roles, Black actresses are becoming increasingly in­ visible on the screen am it is an open secret that Black filmmakers have 00 real final say on their own films. Black films still lack adequate distribution, the all-important link between the production studio and local theaters is oot there for us. Witmut good distribution deals, Black filrrs premiere in • fewer theaters, work from smaller publicity budgets and are marketed poorly. If the capitalistic, and cultural, interest were th re from the African-American community, we could take control of the . projector and provide the morey for Black productiors, lease and build local theater outlets, and provide the local publicity and promotions needed to make Black movies talked about among people via Black newspapers aOO radio stanors, When "New Jack City" opened it was in only 830 movie houses across the country. The same situation faced "Boyz in the Hood" and ''Jungle Fever." What has io be a classic, "The Five Heortbeas;" opened, and closed, in less than 500 of the nation's theaters. Blacks have the power in their hands and pocket­ books 10 make lemonade out of lemons in this discriminatory situation, This Is A Happy Retirement It's the peace of mind you get knowing you have saved for the future. It's a U.S. Savings Bond. With ju t a little from each paycheck, you can invest in Bonds through the Payroll Savings Plan where you work. And they will k�p earning interest for up to 30 years. Make an investment in your future with U.S. Savings Bonds to$y. Ask your employer for d tails. u.s. Savings Bonds A publIC 01 th I0Il Need Information about Businesses? Call the Business INFOLINE! There are over 9 million bu ine e in the U.S. - and finding information about them �an be virtually irnpo ible, e pecially when you need it/Q.u.. But now there' a way ... a revolutionary n w ervice called Business.INFOUNE! Need to know the addre and phone number for "XYZ Company" omewhere in Florida, or th name and phone number of a "Cadillac Dealer" in Palm Beach? Even telephone company directory a i tance can't help you in the e ituation ... but we can! For example... , "Your BMW brea down on Ih� inter. tate, and ou need 10 know if there 's a dealer in th« next town ." "An out-of-town compan i trying 10 �II ou vin I iding for our house, and ou need more information about th m - how Ion tbe company ha been in busin« ,and how man emplo �� they ha�� ." "You'r� plannin a vacation in the Pacific Northwe t, and ou want to tine up things for t� kid to do. So iou need to find the amusement par and zoo in Oregon and Wa hin ton." "A friend av� ou a tip that "Aptx Industri� .. would be a good stock inv� 11M"', but ou want to know mor�. What do t� do? What art th�ir approximat� annual a/�s?" Th Bu ine INFOLINE i indi pen able for hom or office! And the co t i only $3.00 for the fir t minute and $1.50 for each additional minute, convenienUy billed to your phone number. The ervice i avail ble Monday through Friday, 7:00 .m .. to.6:00 p.m., Central Time. A Service of American Q. Who i� responsible for filing the csuuc tax'? .I. 1 he executor or administrator must take care of all of the federal tax responsibilities of the dece­ dent. This includes tiling any fed­ eral income ta returns due and sculing any federal tax bills owed by the decedent, as well as tiling the federal e� ate tax return and pa} ing the c tate ta due. Q. When is the value of the est ate determined? -L The value of the estate is deter­ mined on one of two dares, either the date of death or six m nths aiicr the dute of death. Fur m tc informuuon, order free IRS Publication 44�, Federal J:;:,((J/t' and Gi]] Tuxes, by calling t ll-free 1- OO-TAX-FORM (1- 800-M29-3676). · · • • • ,. · • • • • • • • • • • • · .. • .. FOR A few collective bucks invested in Hollywood aoo on 1m' local scene, we could double the $180 million that the top ten �lack films grossed in 1991. We could better empower ourselves if our Black investors, along with organizations and church groups started to control our own movie products. If the major institution, and in­ dividuals, in our community worked collectively, we could control the content, distribution, and promotions associated with Black filmmaking. And in the process we could cease complaining to white people about their lack of atten­ tion to US, am tart to build aOO display our own cultural and dramatic destiny. � next time a girl aOO a guy go to 1m movies, 1my should think to 1mmselves, "what kiOO of investment do I have in this flick other than paying for the tickets.? '. .' ." ., • ., • : -, . . _. ---_ ...... _---- _ _..