Amid a difficult economic landscape, consumers are often told to improve their budgeting to clear debt and build wealth. But a recent example of a high-profile financial plan suggests that's not necessarily the best advice. New York City mayor Zohran Mamdani has unveiled a new budget that he says will eradicate the city’s $12bn debt “entirely down to zero”—and will do so “without placing the burden on the backs of working New Yorkers.” Mamdani followed through in hitting the rich with higher