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HomeMy WebLinkAboutS-1422 Application 16A c MONDAY, APRIL 12, 2004 s • ArkamsasDemocrat " (fette,* Loophole Thursday and Friday and un- ers didn't rely solely on an in - Taxes: A regional comparison available for an interview to an- crease in the general sales tax toIf swer questions about his pre- fund education reforms. 0 • Continued from Page lA pared comments, said Bill Pad- HB1105 was rejected Jan. 200' public policy debate about fair dack, the chamber's vice presi- by the House Revenue and Tax- tax policy, but also about look- Here's a look at corporate income tax rates in Arkansas dent for communications and ation Committee. It was opposed SOURCE: Federation Federation of and six surroundingstates. The listed income tax rates and events. Russell "handles all tax by the state chamber. ing at more progressive ways Tax Administrators to restructure the tax system Mo. income tax brackets are corresponding. For example, in issues" for the chamber, Paddack Ultimately, the Legislature so that everybody pays their fair Arkansas, the corporate income tax rate is 1 said. passed a $370 million tax in- Huddleston pointed out that crease. All but 6 million of it share for the future," said Rich I TERN. percent on the first $3,000 of taxable income, with p $ Huddleston, Arkansas Advo- OKLA. IARK ,;'-,,. the rates increasing at various intervals to a maximum the 3 percent income tax stir- came from an increase in the cates' research and fiscal policy `ti.' ' of 6.5 percent on all taxable income of $100,000 or more. charge doesn't raise tax rates, state sales tax rate from 5.125 per - director. _?MISS. In states that have a flat corporate income tax rate, that just the final tax due, if any. cent to 6 percent, and expansion State government collected The surcharge, which took ef- of the sales tax to cover 15 serv- rate applies to all of the corporation's taxable income. feet for taxes due in 2004 on ices not currents taxed. $22G2 million in corporate in- TEXAS >LA.�— PP y come tax in the fiscal year that p 1 . , r . 4 t income earned in 2003, applies The $6 million came from an ended June 30, 2003. Individual only if tax is due by the indi- increase in the state's corpo- income tax collections totaled TAX'RATES, TAX BRACKETS, NUNJBER OF vidual or business to the state. rate franchise tax. $1.83 billion in the same year. The `Act 38 of the LOWEST TO HIGHEST ; LOWEST TO HIGHEST YSTATE BRACKETS The surcharge level in future Jackson, who is unopposed in state's general revenue budget, First Extraordinary ° a years will be linked to the level his bid for a third term, has said session of 2003 Arkansas* 1 /° to 6.5 /o $3,000 to $100,000 6 which pays for most government _ __ ------- ___ —__ _ of projected state revenue he plans to push reforms during imposed a 3 percent operations, is about $4 billion a surcharge ooincome tax Louisiana 4% to 8% $25 000 to $200,000 1 5 growth. It can stay the same or the next regular legislative ses- year. owed by individuals and ° o go down, to the point of being sion that would result in a more businesses. The Mississippi 3 /° to 5 /o $5,000 to $10 000 3 removed if growth reaches a cer- "progressive" tax system that OPPOSING VIEWS surcharge; which took Missouri 6 25% (flat rate) _. - _1 tain level. It can't go up with- doesn't rely so much on the sales The Arkansas State Chamber effect for taxes due in -- ---- -- ------ ------ - ---- ----------- out further legislative action.` tax to fund major initiatives. of Commerce/Associated In- 2004 on income earned in Oklahoma 6% (flat rate) i 1 The surcharge will be re- Jackson didn't immediately dustries of Arkansas, one of the , theses only if tax is — _ — -- — — moved for the fiscal year that return a message Friday seeking due individual or Tennessee 6 5% (flat rate) 1 slate's most powerful business business. The surcharge " ' "" - starts July 1, 2005, if Gov. Mike comment on whether a version lobbying groups, disputed the level in future years will Texas Huckabee's administration in of HB1105 might be a part of such study's conclusions. be linked to the level of November 2004 forecasts that reforms. The next regular ses- Ron Russell, the chamber's projected state revenue growth. The surcharge can ** Texas levies a franchise tax on businesses at the greater of 0.25 state revenue growth will reach sion convenes in January 2005. president and chief executive of- stay the same or go down, to the point of being percent of a business' net taxable capital or 4.5 percent of its net at least 4.3 percent. Jackson and groups such as fiver, noted that the study de- removed if growth reaches a certain level. The taxable earned surplus, which is calculated based on corporate If the administration projects Arkansas Advocates and the scribes declining corporate in- surcharge can't go up without further legislative action. Income, officer and director compensation and other factors. revenue growth of 3.8 percent Winthrop Rockefeller Founda- come tax proportions nation- but less than 4.3 percent, the sur- tion of Little Rock say sales tax - wide. State rankings on measures of business taxes charge would be reduced to 1 es are paid disproportionately "Yet it discounts the view that for fiscal 2003, among the 50 states, with 1 meaning a high burden and 50 meaning a low burden percent. by lower -income people. this national trend is largely due If the administration projects Under current Arkansas law, to such factors as the loss of manufacturing jobs, the de- pressed economy, and new laws that encourage businesses to pay income taxes as partnerships as small business corporations," Russell said in a statement last week. Huddleston said a slumping economy doesn't explain away the drop in corporate taxes. In 2002, 58 percent of the 28,212 companies that filed Arkansas corporate tax returns reported no net taxable income and had no state income tax liability the Measure Arkallaaa , Louisiana 1 Mississippi 1 M43ouii'i ; Oklahoma -Tennessee Texas Business share i of all taxes 37 5 21 39 23 11 6 1. Buslnesstaxes -....I.. ..........- per employee 451. 5.... 25 46:...... 28 38 13 Business taxes per dollar of . i ........ .......... private sector economic activity 31 12 11 t 43 �. 16 34 21 Business taxes per dollar of capital income ---------- - ---- 27 35 — 1 11 41 � 8 23 i 15 Change in business : I taxes,2000-03 ... _ 42 _. 3 18 --...... T _ 26 22 35 16 Business share of tax ; revenue growth, 2002-03 45 21 i 12 37 36 41 I 28 revenue growth of at least 3.3 each member company of a uni- percent, the surcharge would be tary business group calculates reduced to 2 percent. income separately, then com- bines REPORTING' bins the members' Arkansas net taxable income into a consoli- One of the main recommen- dated net taxable income figure. dations of the Advocates study HB1105 would have required is for the state to require the Iil- members to file a return that ing of a combined state corpo- combines the income for the uni- rate income tax return by cor- tary group when determining the porations that are members of a Arkansas combined net taxable unitary business group. income. This practice, known as "corn- Under HBll05, a corporation bined reporting," is used by 16 would be presumed to be a states, none of which border Ar- member of a unitary business kansas. The study, which used group if the group of business - study said. SOURCE: January 2004 Ernst and Young study commissioned by the Council on State Taxation, cited in Arkansas Advocates for Children and research by the Center on Bud- es of which the corporation is Four years earlier — "one of FamiliesApril2004 The Vanishing Arkansas Corporate Income Taxreport. get and Policy Priorities of a member share functional in - the boom years during the late Arkansas Democrat -Gazette Washington, D.C., estimated that tegration, centralized manage- 1990s" — 53 }percent of corporate Arkansas could increase its cor- ment and economies of scale. income tax filers showed no net porate income tax revenue by The study said that seven taxable income and paid no state for of the Arkansas Policy Foun- describe corporations' means of are the third -highest in a 13-state $26 million to $52 million a year states recently have considered income tax, I-Iuddleston said, dation, also was critical of the lowering their income taxes region, he said. by adopting "combined report- adopting this practice. Russell The Tax Foundation in Wash- Advocates study. The foundation when trying to explain the prat- Arkansas' top corporate in- ing," said the study doesn't mention ington, D.C., released a report in is a Little Rock -based economic tice to the general public. come tax rate is 6.5 percent on Rep. Phillip Jackson, R- that none of those states enact- 2003 that classified Arkansas research organization that has "It doesn't matter to me if you all taxable income of $100,000 Berryville, introduced a bill dur- ed it, and no state has done so in as one of the 10 states with the tended to take a conservative call it 'tax shelter; 'a favorable or more. Louisiana's top corpo- ing the recent special legislative more than 20 years. worst business tax climates in stance on issues. tax provision' — you can call it rate tax rate is 8 percent on tax- session on education, House Bill Kaza said the policy founda- the country, Russell said. Ar- "Here's the fundamental dis- whatever you want," he said. able income of $200,000 or 1105, that would require affected tion doesn't take positions on kansas was ranked 48th out of agreement: Bashing job "The fact remains is that it's a more. The top rate in Mississip- businesses to file a combined re- specific pieces of legislation, in - the 50 states in the tax burden providers will not allow families provision in the tax code that pi is 5 percent on taxable income turn. The state Department of eluding HB1105. and complexity of its tax system to put more food on their tables, companies with the expertise of $10,000 or more. Finance and Administration said Huddleston acknowledged on business, he said. or to enjoy better -paying jobs and the money can use to avoid Three other states have flat the revenue impact of HB1105 that no states have adopted com- Huddleston responded that a and income growth;' Kaza said. paying taxes: tax rates on all taxable corporate was "undeterminable." bined reporting recently. He said study cited in the Advocates re- Kaza said an example of such SURCHARGE ROLE income of 6 percent (Oklahoma), If a business' activities out- it's a testament to the power and port, commissioned b the P Y "bashing" is the stud s repeat- g" � Y' P 6.25 percent (Missouri) and 6.5 P side the state were operating at P g influence of business lobbying Y� g Council for State Taxation and ed reference to the "pejorative Russell said that Arkansas' percent (Tennessee). Texas a loss, it would pay less tax in groups in state legislatures. performed by Ernst and Young, term 'loopholes' instead of ex- corporate income tax rates "are levies a franchise tax on busi- Arkansas, while if those out of "Even a modest increase in shows that Arkansas ranks low emptions" and a "lack of under- higher than any of our six sur- nesses at the greater of 0.25 per- state activities generated a prof- a state corporate income tax by on most measures of business standing that capital flight is a rounding states. When the 3 per- cent of net taxable capital or 4.5 it, business would pay more tax closing loopholes really is going taxation compared with its six very real problem in this state:' cent income tax surcharge en- percent of net taxable earned in Arkansas, the department said. to have very little impact on bust - neighbors. Huddleston responded that acted in 2003 is included, Ar- surplus. Jackson described HB1105 as nesses' overall state and local tax Greg Kaza, executive direc- "loopholes" is the best way to kansas' corporate income taxes Russell was out of the office one way to ensure that lawmak- burden;' Huddleston said. Protect • Continued from Page lA torney contracted by the utili- ty, cautioned the Central Ar- kansas Water Commission on Thursday that if the utility sues for condemnation it would be forced to pay landowners the amount a jury determines the land is worth. "This isn't a lawsuit you can file and two weeks later say, 'Never mind, we didn't mean it,"' Jones said. "I have yet to see a condemnation when anyone can predict with any kind of preci- sion what a jury will do." Using Ferguson's land as an example, Jones explained that the award would fall somewhere between what utility leaders ex- pect to offer — less than $1 mil- lion — and high -end estimates closer to $10 million. Commissioners took a sober- ing look last week at the chance that a jury could make top-dol- let awards for both the Ferguson and Deltic properties. "If we paid $35,000 an acre for 300 acres for the Ferguson prop- erty and the same amount for the 700 acres of Deltic's prop- erty, that would be $34 million total as the outside risk," Water Commission Chairman Craig Wood said. Neither Ferguson nor his at- torney could be reached for com- ment Friday. Central Arkansas Water budg- ets $1 million per year for wa- tershed property acquisition. A higher sale price, reached either through negotiations or con- demnation, would likely cause the utility to issue bonds backed by higher water rates. "Rates are the only thing we have;" Harvey said. Little Rock began pumping water from Lake Maumelle in 1958. Central Arkansas Water can draw up to 143 million gallons a day from Lake Maumelle and a second water source, Lake Winona. The utility serves 360,000 consumers. Central Arkansas Water, formed with the merger of the water departments of Little Rock and North Little Rock two years ago, has not condemned land since the consolidation. The former Little Rock Water Works, however, used eminent domain to acquire property within the lake's watershed. The only thing that could stop Central Arkansas Water from raising rates is if both the North Little Rock City Council and the Little Rock Board of Directors object to the increase. In recent years Central Ar- kansas Water has been work- ing to buy as much of the lake's 137-square-mile watershed as possible, investing millions of dollars. The utility has bought 1,005 lakeside acres — at a cost of about $4 million — over the past 11 years. Most purchases have been friendly, but a handful had to be condemned. Utility leaders decided Thurs- day to temporarily make buying the Deltic property a second pri- ority to buying Ferguson's prop- erty because Deltic officials have said they don't plan to develop the property for at least a year. Last month, Harvey wrote Lit- tle Rock Planning Commission Chairman Mizan Rahman to re- quest that the commission delay considering Deltic's proposal. The commission is set to review the project April 22. Little Rock leaders must approve the plan because the property — outside the city — lies within Little Rock's extraterritorial planning jurisdiction. "The development proposed ... imposes significant risks to the safety, quality and condition of the water supply serving resi- dents of central Arkansas," Har- vey's letter reads. "Completion of the proposed development would constitute a major setback to years of careful watershed protection and likely lead to in- creased water treatment costs:' Deltic spokesman Jack Mc - Cray responded to Harvey's let- ter on Tuesday with his own let- ter to Rahman asking that the Planning Commission not "ab- rogate its duties and responsi- bilities." "Mr. Harvey's letter disclos- es the extraordinary admission that it has been [the utility's] his- torical policy to 'prevent devel- opment' in this area of the coun- ty for many years," McCray's let- ter said. If the utility begins condem- nation proceedings, McCray said, Deltic wouldn't move forward with development until the courts decide the matter. McCray, who couldn't be reached for comment Friday, dis- agrees with Harvey's assertion that the Ridges at Nowlin Creek would harm water quality. "Evidently, the arbitrary po- sition of CAW is that there are no kinds of measures whatso- ever that can be employed which would protect the watershed;" he wrote to the Planning Com- mission. "After careful review, Deltic is convinced the safe- guards and measures it has adopted ... are fully protective of the environment and watershed of Lake Maumelle:' McCray said the development will create no need for the util- ity to spend money on additional treatment measures. "We believe Mr. Harvey's rate payers may become truly out- raged when they get the bill for CAW's unnecessary land ac- quisition program," McCray wrote. Damaging drought worsening across Western states BY SCOTT SONNER THE ASSOCIATED PRESS RENO, Nev. — From the brit- tle hillsides of Southern Cali- fornia to the drying flelds of Ida- ho, from Montana to New Mex- ico, a relentless drought is wors- ening across most of the West, water supplies are dwindling and the threat of wildfires is rising. "Most of the West is headed into six years of drought, and some areas are looking at sev- en years of drought," said Rick Ochoa, weather program man- ager at the National Interagency Fire Center in Boise, Idaho. Arizona is facing its worst drought on record. Two enor- mous reservoirs on the Colorado River are only half -full. Some farmers in southern Idaho might not get any irrigation water this summer, and irrigators in west- ern Nevada are threatening war with a country club that wants green grass for a national golf tournament. The mountain snowpack, a crucial reservoir, was half of the normal March level or less in many areas. "We had one of the warmest Marches on record ... and we did- n't get any precipitation almost anywhere in the West," said Kel- ly Redmond, regional climatol- ogist for the Desert Research In- stitute's Western Regional Cli- mate Center in Reno. "So not on- ly did we not add to our supply in March, which is usually a very healthy month, but the tem- perature was so warm that the melting started early." The mountains of Colorado and northern New Mexico got more than a foot of snow during the weekend, and meteorologists said the Albuquerque area could be looking at record rainfall this month, but it's only a start to- ward recovery. The U.S. Natural Resources Conservation Service says there's a potential for water restrictions and widespread crop and pas- ture losses in central Nevada, southern Idaho, most of south- central Montana and eastern and southwestern Utah. Most of southern Idaho and parts of southwest Montana are in "exceptional drought;' the U.S. Department of Agriculture says. That's a step worse than "ex- treme drought;' which the US- DA says best describes other parts of Montana, Utah, Wyoming, Arizona, New Mexi- co, Nevada, Oregon and Col- orado. Dick Larsen, spokesman for the Idaho Department of Wa- ter Resources, said, "Pray for rain. That's about all we can do." Sears Dealer Stores, one of America's fastest growing retail formats, is looking for an entrepreneur to own and operate a Sears dealer store. PROVIDING YOU WITH THE STRENGTH OF SEARS • Extensive advertising and marketing support • Complete inventory with no cost to the owner • Professional training and on -going support • Sears collects no fees or royalties For immediate access to information regarding the Sears Authorized Retail Dealer program and our confidential application, visit us on the internet at www.searsdealerstores.com Estimated financial requirements4io,000 available cash and a positive net worth. Estimated initial investment $43,000 to $ilZ000. if you do not have access to the internet and would like to receive a general information packet about our program, call toll free i-888-259-26i6. Mickelson is Masterful # ° � J Space: Fitness frontier 18-foot putt on last hole gives Lefty r ,,# " iv UAMS aims to protect future astronauts' 11 his fist major title. - Sports, is - i `1 ... 4 health, performance. - Health & Fitness, lE Democrat 7VOazette 1 1 . 1 .I l NEWSPAPER„. Arkansas Democrat -Gazette, Inc. Printed at Little Rock e Monday, April 12, 2004 arkRISMS (>dif,/�9www.ardemgaz,CioM 44 PAGES 7 SECTIONS 500 In the news ■ Sen. John McCain, R- Ariz., told NBC's Meet the Press that Congress should consider canceling Lockheed Martin Corp.'s $257 million F/A- 22 fighter airplane, conceived during the Reagan adminis- tration to counter Soviet MiG jets, to help pay for needed troop increases in Iraq. ■ James Hefner, the presi- dent of Tennessee State Uni- versity, regretted in a letter sent to students, faculty and staff that he may have placed the school in an "unflattering light" but did not admit to wrong- doing after an audit found he used his position to obtain free Super Bowl tickets. ■ Paul "Danny" Benko, a mentally disabled 16-year-old with cerebral palsy who weighed just 40 pounds when brought to a St. Louis hospital, has improved under treatment as authorities considered pos- sible charges against his moth- er, Lora Benko, the St. Louis Post -Dispatch reported. ■ Vice President Dick Che- ney attended Easter services with his wife, Lynne, at a non- denominational English-speak- ing Protestant church in Tokyo, the first stop on a week-long Asia trip that also is taking the vice president to China and South Korea. ■ Anne Burke, an Illinois ap- pellate judge and head of a Ro- man Catholic bishops review board on sexual abuse, ac- knowledged a friendship with Thomas O'Gorman, a former priest once accused of sexual misconduct, but said the rela- tionship has not affected her work ■ Danielle Bimber, 29, a sur- rogate mother in Pennsylvania who gave birth to triplets and then refused to give them up, saying the biological father and his fiancee showed a lack of in- terest in the babies, was award- ed legal custody by Erie Coun- ty Judge Shad Connelly. ■ Glenn Bradford, attorney for Michael Edward LeBrun, a former Navy seaman accused of killing Ensign Andrew Mons while their ship was stationed in the Philippines during the Vietnam War, said he planned to appeal after a fed- eral appeals court reinstated a confession thrown out by a lower court. ■ Mitchell Maddox, a 13- year-old Florida boy accused of accidentally shooting his 7- year-old brother David Lanford with a .410-gauge pump -action shotgun during et game of "cowboys and Indians" while their parents were not at home, has been charged with manslaughter, officials said. ■ Tony Blair, the British prime minister, wrote in an ar- ticle for the Observer news- paper that if the U.S. led coali- tion forces fail in their strug- gle against insurgents in Iraq, the hope of freedom and re- ligious tolerance in Iraq would be snuffed out. Dictators would rejoice; fanatics and terror- ists would be triumphant:' LITTLE ROCK Today Mostly cloudy and cool; chance of morning showers. High Mid-SOs, north winds at 10 to 15 mph. Tonight Partly cloudy and cold. ! 1* Low Mid-30s Arkansas 1B Health -Fitness 1 E Business 10 Heloise 5E Classifieds 1F Movies 6E Comics 4E Sports 1C Crossword 4E Television 2E Deaths n voices 70 Editorials 6111 Weather 4111 Home delivery 378.3456 Outside Pulaski County 1.000-482.1121 . Gunmen down U.S. helicopter in Iraq Associated Press An Iraqi man shouts in anger over the grave of his son Sunday at a soccer field in Fallujah. Though an Iraqi hospital official said many of the 600 civilians killed in fighting in Fallujah were women, children and the eld- erly, the U.S. military said most of the dead were probably insurgents. Protecting watershed is crucial, u ' sty says_ Lake Maumelle projects at issue BY C.S. MURPHY ARKANSAS DEMOCRAT -GAZETTE Central Arkansas Water leaders resolved last week to play hardball with developers who want to build within Lake Maumelle's watershed. If need be, water officials will use eminent domain to protect the watershed, and the utility is prepared to raise wa- ter rates to bankroll condem- nation proceedings. For the past two months, utility officials have been fend- ing off efforts by two devel- opers who want to build homes in the watershed. "It's a benefit to such a few to build in there and a possi- ble detriment to so many," said Jim Harvey, the utility's chief executive officer. The lake pro- vides 60 percent of the area's drinking water. Deltic Timber Corp. has filed plans with Little Rock to build a 225-home subdivi- sion to be called The Ridges of Nowlin Creek on 1,170 acres between Arkansas 10 and the lake. Similarly, developer Rick Ferguson has plans to build 85 to 87 homes near the lake's northeastern shore. Both developers have prom- ised to install various precau- tions to protect the Jake's wa- ter quality, including grass filtration systems, periodic testing and restrictive covenants. But water officials worry that the developments carry too many risks, beginning with bulldozers disrupting soil and continuing with lawn fertiliz- er from homes built near the lake. Protecting the watershed is key to assuring water quality because storm water flows off surrounding property and in- to the 9,000-acre Lake Maumelle. "We're very dedicated to protecting the water quality that were so extremely proud of," Harvey said Friday. "Our rates are very reasonable and we want to keep it that way, but we've seen many places around the country where de- velopment has caused prob- lems and tremendous increas- es in rates for treatment costs:' Sam Jones, A Little Rock at - See PROTECT, Page 6A Tenuous Fallujah cease-fire lets residents bury their dead BY ABDUL-QADER SAADI AND LOURDES NAVARRO THE ASSOCIATED PRESS FALLUJAH, Iraq — A fragile cease-fire held between Sunni insurgents and U.S. Marines on Sunday in the besieged city of Fallujah, where Iraqis said more than 600 civilians lost their lives in the past week. Near Baghdad gunmen shot down a U.S. attack helicopter; two crewmen died. Also, the military suggested it would welcome a negotiated solution in its showdown with a radical Shiite cleric in the south. Most of the Iraqis killed in Fallujah in fighting that started last week were women, children and the elderly, the director of the city hospital, Rafie al-IssawL said. Disputing that, a U.S. Ma- rine commander said most of the dead were probably insurgents. Fallujah residents took ad- vantage of the lull in fighting to bury their dead in two soccer fields. The Fallujah violence spilled over to the nearby western en- trance of Baghdad, where gun- men shot down an American AH-64 Apache helicopter. As a team moved in to secure the bodies of the two dead crew- men, a large force of tanks and troops aiming to crush insur- gents pushed down the highway outside the Iraqi capital. Gunmen have run rampant in the Abu Ghraib district west of Baghdad for three days. They at- tacked fuel convoys, killed a U.S. soldier and two Americans and kidnapped another American. The captors of Thomas Hamill, a Mississippian who works for a U.S. contractor in Iraq, threatened to kill and burn him unless U.S. troops end their assault on Fallujah, west of Baghdad. A deadline passed with no word about Hamill. China's official Xinhua News Agency reported that gunmen had kidnapped seven Chinese in central Iraq. The report cit- ed a Chinese diplomat in Bagh- dad, but gave no details. The Arab TV station Al-Arabiya re- ported insurgents seized the See IRAQ, Page 2A Briefing lacked specifics, Bush says DEMOCRAT -GAZETTE PRESS SERVICES WASHINGTON — President Bush said Sunday that the intel- ligence briefing he got on al-Qai- da one month before the Sept. ll, 200L strikes contained no spe- cific "indication of a terrorist at- tack" on American soil. He al- so defended the adequacy of his response to the warnings that terrorists in the United States might be planning hijackings. In his first public remarks since the declassification of his top-secret briefing Saturday evening, Bush played down the urgency of the information he received at his ranch 36 days be- fore terrorists flew airplanes in- to the World Trade Center, the Pentagon and a field in Penn- sylvania. In doing so, Bush echoed the testimony given last week by his national security ad- viser, Condoleezza Rice, be- fore the commission investigat- ing the attacks, which had pushed for the release of the briefing notes. "I am satisfied that I never saw any intelligence that indi- cated there was going to be an attack on America — at a time and a place, an attack," Bush said after attending Easter services in Fort Hood, Texas. "Of course we knew that America was hat- ed by Osama bin Laden. That Associated Press As national security adviser Condoleezza Rice waits under an umbrella, President Bush answers reporters' questions Sunday after attending an Easter service at an Army chapel at Fort Hood, Texas, near his ranch at Crawford, where the president began a holiday break April 5. was obvious. The question was: do: run down every lead, look at Who was going to attack us, every scintilla of intelligence and when and where, and with follow up on it." what?" Still, Bush for the first time Bush agreed with a reporter suggested that others in his ad - who characterized the memo as ministration might not have containing "ongoing" and "cur- done enough to head off the rent threat information." But he attacks. "That's what the 9/11 added that if the FBI or CIA commission should look into, "found something, they would and I hope it does;" he said. have reported it to me ... We Bush, who said he understood were doing precisely what the in the summer of 2001 that the American people expects us to See BUSH, Page 3A `Wall' in FBI often blamed in 9/11 laps.. PC PRESS SERVICES WASHINGTON — The legal wall that for years di- vided FBI intelligence and criminal agents is blamed largely for the government's failure to grasp the threat posed by al-Qaida inside the United States before the Sept. ll, 2001, attacks. One FBI agent, frustrated at his inability to track two soon -to -be hijackers known to be in the United States, wrote in an August 2001 e- mail that "someday someone will die, and wall or not, the public will not understand why we were not more ef- fective and throwing every resource at certain prob- lems." The Sept. ll, 200f attacks killed almost 3,000 people. The problem, since re- solved, is expected to be among the topics when cur - See FBI, Page 3A Closing tax `loophole' would yield big cash, advocacy group says BY MICHAEL ROWETT ARKANSAS DEMOCRAT -GAZETTE Arkansas could generate up to $52 million annually in new state revenue by closing a key corporate income tax "loophole" and also make the state's tax sys- tem fairer, a child -advocacy group says. The new report by Arkansas Advocates for Children and Families of Little Rock is the lat- est in a series of studies released by the group that recommends tax changes that would require corporate taxpayers and wealthy individuals to dig deeper into their pockets. This latest report is titled "The Vanishing Arkansas Cor- porate Income Tax: Should We Close the Loopholes?" It says that the share of Arkansas in- come tax revenue generated by the corporate income tax was 10 percent in 2002, compared with 31 percent three decades earlier. During the same period, the individual income tax share in- creased from 69 percent to 90 percent, the study found. This decline in corporate in- come tax reflected a national trend. The study showed that nationally, the share of state and local income tax paid by cor- porations declined from 22.6 percent in 1972 to 13.5 percent in 2001. This decline "was much steeper" in Arkansas, the study said, dropping from 31 percent in 1972 to 11.5 percent. The study attributed the de- clining state corporate income tax share to "tax loopholes and shelters" and "write-offs" that cost state government $44 mil- lion annually in tax revenue. These devices also contribute to more than half of all com- panies filing state corporate in- come tax returns in Arkansas paying no tax, the study said. "One major goal in this re- port is to stimulate a broader See LOOPHOLE, Page 6A