correct me if I'm wrong, but wouldn't a luxury tax hurt the small smarket teams more than levelling the playing field? Say a team really doesn't care if they cross the threshold, lets call this team the Wings. Hypothetically they feel signing Jarome Iginla could push them over the top, so they sign him, going well over the threshold. Now, the Wings are able to take this hit, but the Flames would have absolutly no means of fielding a competetive offer. A luxury tax, if ignored, only furthers competetive imbalance does it not?