Actually, it slipped my first reading of this and probably yours too. The wording is so 'big government' that we don't even see it: If you don't pay the financial penalties your assets are seized and you go bankrupt.

Seizure of assets is violence. You can be sure I would not like my assets to be seized because I have to follow some dumb, overreaching law. But I don't have the guns.

Holiday entitlements, probably not. However, in each country where there are things like corporations, directors can go to jail for stuff like nonpayment.