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I think that the cap should be raised and make it a hard tax. As we go along they will have to raise the cap anyways even if they keep it in the current situation (which I don't mind, just like a hard cap better.) The cap is in place to keep all teams in around the same price area. And Luxury tax is just to punish teams that go over.
Last year my Knicks were over the cap and were going to have a pay a big luxury tax, though they were horrible, but for once Jordan actually helped us. Jordan's always been known as a Knick killer, but he raised the price of the league just for him coming, so much more money was raised. That the knicks and Portland didn't have to pay these taxes.
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