Michigan trying to lure Sears from Illinois

Sears Holdings, which has been based in Illinois since 1886, is considering leaving because of our high taxes. The rottenest fruit from the January lame duck session--a 46 percent corporate tax increase and a 67 personal jump in the personal income tax hike--was quickly signed into law by Governor Pat Quinn.

Michigan is Sears' latest suitor. In a way it could be a holding. K-Mart, which Sears purchased in 2005, was based in the Great Lake State.

Related posts:

Illinois: Motorola dupes Quinn; Sears thinks DC area relocation could be a capital idea
Another one: Citing Quinn's tax increase, CME may leave Illinois
IL comptroller: None of Quinn's "temporary" tax increase has gone to pay off old bills
Sears threatening to leave Illinois
Quinn tax may lead to Caterpillar to leave its Illinois cocoon
Quinn's "Amazon tax" costing Illinois jobs
Gov. Quinn Pro Quo: Pat Quinn's public-sector union cash, part four
IL treasurer Rutherford says Illinois on "verge of a financial disaster"

Technorati tags: Illinois illinois politics Patrick Quinn pat quinn taxes sears retail business michigan politics michigan