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re: LSU endowment

Posted on 9/14/23 at 11:48 pm to
Posted by eltigre2
The Woodlands, Tx
Member since Feb 2019
626 posts
Posted on 9/14/23 at 11:48 pm to
U of TX and Tx A&M funds are shared by many other schools and institutions.
Posted by GeorgeWest
Baton Rouge
Member since Nov 2013
13211 posts
Posted on 9/14/23 at 11:56 pm to
The severance tax fund that funds the UT system and A&M system endowments is not because some oil companies are HQ in Texas. It is because petro is extracted in Texas.

Louisiana has severance taxes as well from petro extracted inside our boundaries. But Texas is a huge state geographically and Louisiana is a small state in that sense.
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