This must mostly be penalties for not paying any taxes for 4 years. Unemployment in New Jersey is taxed at 0.3825% of the first 34,400$ of income so it cap’s at 132$/employee per year. The other tax is uncapped but at ~1/9th the rate.
Nationwide Walmart has 2,300,000 US employees. If they are paying an average of 150$ each nation wide on similar taxes that’s 345 million per year. However, I doubt even 20 million of that is in New Jersey.
> Uber and subsidiary Rasier LLC were assessed $523 million in past-due taxes over the last four years, the state Department of Labor and Workforce Development said in a pair of letters to the companies. The rideshare businesses also are on the hook for as much as $119 million in interest and penalties on the unpaid amounts, according to other internal department documents.
Also it's unemployment + disability insurance they're being charged for.
So, that 119m should be this years penalties. If this thing is growing at over 22% per year and 4 years ago the already had a 54m unpaid tax bill, then I can see this snowballing fast.
Nationwide Walmart has 2,300,000 US employees. If they are paying an average of 150$ each nation wide on similar taxes that’s 345 million per year. However, I doubt even 20 million of that is in New Jersey.