Within the next several years, the City of Philadelphia will be able to collect 30 percent, or $155 million, of the $514.4 million in taxes its owed, a study by the Pew Charitable Trusts estimated.
This estimate relies on a number of factors, one of them being the city’s plan to spend $40 million over five years to target tax deadbeats. Part of that $40 million initiative is an upgrade to the Revenue Department‘s 90s-era tax software.