The population of Las Vegas increases by around 50,000 each year. That’s the population of a medium sized town. By 2010 the city will have over 2,000,000 residents. But Sin City, as it’s sometimes called, is not all about glitzy lights and glittering shows. It has another side to it that is sometimes overlooked in the midst of all the glamor.
While Las Vegas is the only place in the world where you can travel from Paris to New York in just five minutes, see the Egyptian pyramids and the ancient Roman empire within hours, and even see a volcano erupt, that of course is the play side of things that Las Vegas has to offer.
Las vegas is a great place to live and work. The local economy is booming. Companies don’t have to pay some taxes, such as on corporate income, franchise, unitary, or inventory. That’s a huge incentive for encouraging inward investment. And from the personal point of view of the worker, there is no personal income tax, which greatly helps the cost of living. And mainly because of that, the cost of living in Las Vegas is lower than in most comparable cities.
The growth of Las Vegas is legendary. I mean the physical growth and not the economy growth, which is also legendary. Every 24 hours it is estimated that some two acres of land is developed for either residential or commercial use somewhere in the city. That’s progress on a huge scale!
But Las Vegas is a fun city. That’s why some 40,000,000 - that’s forty million - people, most of them hoping to win a fortune in the casinos, all descend on Las Vegas each and every year. That’s the population of a country! Las Vegas is one heck of a city. Come and visit it and see for yourself.
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