 Ohio is holding out $400 million in incentives to lure Sears'
corporate headquarters away from Illinois. In the meantime, Illinois
lawmakers are struggling to pass a major package of tax breaks that
includes $15 million a year for the next decade for Sears.Quinn
says the help Illinois is offering Sears is "more than adequate." He
says Sears should stay in Illinois.
The Illinois tax package is also aimed at keeping two major
financial companies from leaving Illinois. Extending a credit for
low-income workers has become a sticking point in the deal.
Also, some Illinois lawmakers have questioned continuing to
provide tax breaks for Sears.
[Associated Press]
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