Sears threatening to leave Illinois

Illinois Governor Pat Quinn, the tax-hiker, might see Sears bolt the Chicago area, where it has been based for over 100 years. Quinn vows that he will put together a package keeping the retail giant here, which is what he did with Motorola Mobility recently.

How about this these ideas? Low corporate taxes for everyone and workers' compensation reform.

It's not that hard, governor. Although it means you'll have to lean on your public-sector union pals for concessions.

UPDATE 9:15pm CDT: Rep. Peter Roskam (R-Wheaton), the House Chief Deputy Whip, issued the following statement about this troubling news.

Sears considering leaving Illinois is yet another warning sign we can't afford to ignore. We're in a global competition for jobs and commerce – and Illinois keeps losing. How many major employers openly considering leaving will it take for Illinois to realize you can't borrow, tax and spend your way into prosperity?

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Roskam: High taxes have consequences