In the Taken King Multiplayer Gameplay video from IGN, you'll see that players have a light level of 40+... INCREDIBLE!
Thank you Bungie, for allowing all of us to see this amazing preview of the DLC! Looks great, keep up the good work!!!
Posts like this are exactly why I love the Bungie Community! I have so much fun making predictions and speculating new updates and getting hyped for DLC!
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The max level is 50.