When Bitcoin will be universally accepted accepted by Government, of course it will be taxed accordingly. Do you think it will still be as in demand as it is right now, that makes its price higher and higher everyday.
Does the bitcoin community is ready for this?
Bitcoin community wont really be ready since this thing wont really happen on bitcoin world and its impossible for it to be accepted on all government of the world and they cant directly taxed bitcoin and we know all that but government could possibly get tax from those establishments and services which do accepts bitcoin but the main problem here is that if people would be honest enough to pay up their tax.