Tweet

More from @MarkWarner

Mark Warner

@MarkWarner

11 Aug

There’s been a tremendous amount of confusion – and in some cases, false information – surrounding a set of important tax compliance provisions in the bipartisan infrastructure package.

Let’s clear up a few things.

First, we need to acknowledge that the innovation and excitement surrounding digital assets has at times obscured some real problems – perhaps none greater than the tax evasion and non-compliance we have continued to see.
cnbc.com/2021/05/31/cry…

The tax gap is especially pronounced in two areas:

1) Cryptocurrency exchanges (some of which openly advertise non-compliance) and custodial wallets, and

2) Businesses that receive cryptocurrency as payment but don’t report it.

Read 23 tweets

Mark Warner

@MarkWarner

10 Aug

I’m glad that the Senate worked together in a bipartisan way to pass the Infrastructure Investment & Jobs Act. This bill will allow Virginia to make significant investments in infrastructure projects across the Commonwealth, including in HR, Richmond, NoVA, Roanoke and Southwest.

Hampton Roads:

- This bill will put $47B towards resiliency to help fund projects like flood mitigation and coastal resiliency. In Hampton Roads, we could use this funding for projects such as:

Richmond:

- Last month I visited the Mayo Bridge, one of the 700 bridges across Virginia that are in an alarming state of decay. With $110 billion in funding for roads and bridges, we'll have federal dollars to put towards needed upgrades for bridges all across Virginia.

Read 6 tweets

Mark Warner

@MarkWarner

5 Aug

There's a lot in the bipartisan Infrastructure Investment and Jobs Act to make up for decades of underinvestment in our infrastructure, which has disproportionally impacted communities of color.

Here's how:

This bill would invest in critical infrastructure like elevated buildings, roads, and bridges to safeguard black and brown communities in areas vulnerable to flooding and climate change-related extreme weather events.

@EPA

Communities of color are more likely to be burdened by pollution. For example, more than 1-in-3 Latinos in the U.S. live in counties where the air doesn’t meet @EPA public health standards for smog.

This bill has the largest investment in clean energy transmission in history.

Read 5 tweets

Mark Warner

@MarkWarner

1 Mar

This #WomensHistoryMonth, I will be honoring some notable women and their contributions, which have helped shape America’s culture and history.

Join me in lifting up their stories.

Born in Virginia, Virginia Minor was the co-founder and the first president of the Woman's Suffrage Association of Missouri. She was the plaintiff in the SCOTUS case, Minor v. Happersett, where the Court held that the Constitution did not grant women the right to vote.

Marguerite Higgins was a reporter & war correspondent for the N.Y. Herald Tribune during WWII, the Korean War, and the Vietnam War. She advanced the cause of equal opportunity for female war correspondents & was the first woman awarded a Pulitzer Prize for Foreign Correspondence.

Read 4 tweets

Mark Warner

@MarkWarner

9 Feb

This #BlackHistoryMonth, I will be honoring some notable Black Americans and their contributions, which have helped shape Virginia's culture and history.

Join me in lifting up their stories.

@UVA

After being denied entry because of segregation laws, Gregory Hayes Swanson led a legal fight to integrate @UVA’s law school. He succeeded, becoming the first black legal student at UVA in 1950.

After decades of civil rights activism that led to confrontations with the KKK and 13 arrests, Rev. Curtis W. Harris broke barriers in 1998 when he became Hopewell’s first black mayor. He was also a former Baptist minister and native of Surry County. #BlackHistoryMonth

Read 4 tweets

Mark Warner

@MarkWarner

9 Feb

CEOs repeat the adage, "our best asset is our people." To put this into practice in the 21st century, we must realign our incentives to encourage inclusive economic growth.

Here's the 2nd part of my 3-part series on the future of American capitalism:
senmarkwarner.medium.com/ii-investing-i…

The proposals surround 7 pillars:

1. Boosting Investment in Workers
2. Facilitating Lifelong Learning
3. Investing in Community Colleges
4. Promoting Skilled Workers
5. Funding R&D
6. Improving Human Capital Disclosure
7. Reforming the TAA Program

America’s past economic success was closely tied to our ability to prepare workers for success over their lives and through multiple sectors. Unfortunately, over the past several decades, we have seen a shift in business norms that threatens to leave workers behind.

Read 4 tweets

Share this page!

Mark Warner

Try unrolling a thread yourself!

More from @MarkWarner

Mark Warner

Mark Warner

Mark Warner

Mark Warner

Mark Warner

Mark Warner

Did Thread Reader help you today?

Like this author's thread?