My go-to solution for the tomestone cap wouldn't be to get rid of it, or raise it, but to add crafted gear of the same level. That gear would require tradable materials which come from a variety of top-level sources - dungeons, raids, PvP, gathering instances, Golden Saucer - all combined. And that together with materials from all the previous expansions, so that lower-level characters and alts have the means and reason to meaningfully contribute to the economy. So if you have the money, you can buy the gear, and if you don't (or don't want to spend it), you have multiple ways to grind for them.

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