Are you going to pay taxes on your Bitcoin profits?
Suppose you make a million dollars. Suppose you have already made a million dollars. Are you going to hand half of that cash over to the government? Of course, this is assuming you convert your coins into federally recognized cash. If your only intention is to amass a huge supply of Bitcoins, the question does not apply to you.
You're supposed to pay income taxes. It seems rather easy to get away with not doing it, though... at least in this case.
If it is a justifiable tax, I would pay my responsibility if it is my duty. In our country , most of our income is being taxed. Though it is against our will sometimes, we can't do anything agaisnt it but to follow the law. If were not going to pay taxes we'll be required to pay higher debt. So if it will be implemented, we'll just follow it.