tion."
'-AIu��rmn Hastings Id
group that they m t � up a
r Ie in enhaocing local ., ..... r,..c
IOWMd B1 eco mic am
equity. Hasting cautiored
lis that trey "carrot j print
pafX!IS and do rrething more
belp in the community. You and
I reed UlC P redocation 6
ur youthartl we have 10 do more
. top tre killings,"
months a 0, outlin d outreach
prograrrs that the CBCF put in
f Ire � a result the f'lIIIfI�i3l
,oorrc from the anrual
lanve Week-End
La" . n expl
program; belp 10 . oppor-
tuniti f r Black youth from
the nati n. CBCF prograrrs rave
. ted young peop e 10
gain legislative experieree, political
kmwled ,am on capitol
Hill.
The theme of the ational
New paper' Publisher
. tion' (NNP A) 1 Mid-
Winter Conference centered on
"Tbe Press and Politi : A Pamer-
hip for Bl k America" Tbe
African-American populati n tas
the largest number i kiOO in
national congressional repre-
entative politics since the
Reconstruction Period. In the
. ovcm rimel . tbenum-
ber of Black legi lators in
W hington irereased to 40.
According to Dorothy Leavell,
NNP Board Memberaoo Publish
er tre Chicago Qusad r; ''The
electi n of Illiroi raior Carol
M I Y Braun was the first �
we've had 0 ofourownelec1ed 10
tlx! na iree the la 1 when
John Willis Menard and P.B.S.
Piocllbock of Louisiana were denied
tc; tbere. w that we have a
trong voice there, we r ist tard
ulder to lnuldet with her, am
the otter as well, 10 make a berer
way (or the peop e we represent"
Other early Black senators
elected were Hiram R Revels ani
Biache Kelso Bnee of Missi ippi.
America has over 2(Xl) Blade-
ri rued weekly and bi-weekly pub
lican rs 10 join with the Blacks on
Capi I Hill. Tre Chicago Defenier
and New York Daily Cballenge are
the country' prirciple Blackdailies.
Wilder, woo is a gradua 0 a Black
coll ard in the third year f his
rrn . ovcroor, urruned up the
rs liticians, ard the African
American mmunity, am media
uld get together form re COID
munication and clout, "Just as
African-Americans m t fight for
the trcngthani urvival 0 trnditi n-
ally-Black coUe and tiniversiti
:Of) we must promo African
. \. rican OO'WSpapeIS am radio am
. 'on stati . It' from
re our where the n ws of
African-Americans are first, am
only, reported. Com-
muni ty news is tlx: bean and ul of
ti n."
401 (k)
Finding legal way to hide
money from Un le Sam may be
ea ier than you think. One area that
many people overlook i company
benefits, for example 401 (k plans.
A great many employer now
offer thi retirement aving
vehicle. They permit you to reduce
your income up to ,00 without
paying ta e on it. If you earn
2,0 a month and want to on-
tribute 1 toward your 401 (k)
then you will pay taxes on $1, v
2,0 , aving you money on your
tax bill. A a bonus the company
may match your contribution. But
IlJ� SI\ESS
unlclp I Bond
Con rvative inve tors hould
mp r the yield of a municipal
bond \\ ith th a t r-tax r turn of
oth r inve trnent like Trea ury
bill ,and CD . It may work out that
the able unties will actually
earn you mor . Many. inve tors
h v low red their risk of inve ting
in minis by pur hasing hares in
municipal bond mutual funds. Cur
rently th yare yielding about 6%.
Fund to take a look at include
the Pri e Tax Free High Yield Fund
and the Drey Tax-Exempt Bond
Fund.
Income Shifting
Many pe pIe think the he t way
to hide money fr m the government
is by putting it in a mattress. Need
le to ay that is not a good
tratcgy. It may be more tactical
and legal to hift income to .your
children to helter money from
taxe .
The first 550 of inve tment in
com earned by 'children under the
age of 14 i tax-free. The next $550
Mike Hyter is
promoted at Hudsons
y r ha been
p e Pre idem of
Public IT i s and
miihicauoru f r 6� nay ton ,
Hud on's and Marshall
Field" tore. Hytcr, a 15-
year employee with the com
pany, J ined Hud on' in
Detroit in 197 a ape nnel
trainee.
The 1'011 wing year he wa .
promoted to i tant pers n
nel mana er for Hud 'on's
corp rate offices. After a
brief tim at Mervyn' , a
iter c mpany of the Dayton
Hud on Corporation, he
returned to the Department
Store in 19 a manager of
executi e placement, becorn- MIKE HYTER .
ing the director of the depart-
ment in 1987 .
In . 19 9 Hyter wa
promoted to tore manager of
Hudson's We t Lansing. and the following year became the store
manageratWe tland. Mo trecently,Hyterwa thedirectorofhuman
resource for all of Hud on' tore '.
Hyter ha een active n numerou Detr it boards of directors.
including the Detroit Urban League, the Metropolitan Detroit Youth
Foundati n, Efficacy Detroit, and the Henry Ford Ho pital Medical
Center.
In hi new po. ition, Hyter will over ee and coordinate public
affairs, public relations and internal communications for Dayton's,
Hud on' and Mar hall Field' . "It will b exciting to work with these
divi ion of our company which 0 directly touch our employee' and
our communitie ." aid Hyter. ,
Hyter ha been a member of the company' top management group
for everal years, and with this recent promotion will join the
company' enior management team. .
Profile In Succ
Erne ta G. Procop
Charl« Ro s is ho t 0/ the nat; nally
yndicated r ;0 how, "Your Per onaL
Finance", and thor 0/ the Best 0/ YOllr
Per. anal Finan e.
, .
"Hudson's has long been committed to enriching our communities through the arts," said Toffolo. "This
moving production both educates and challenges us on our history and our present culture.e- The Dayton
Hudson Corporation, which includes The Department Store Division (Dayton's, Hudson's and Marshall
Field's), Target and Mervyn's contributes five-percent of their taxable profits to non-profit organizations
- a contribution unmatched in retailing.
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