https://www.tachibana-akira.com/2021/11/13394
Buffett can take advantage of the fact that he is not taxed on “unrealized gains” unless he sells his shares, allowing him to compound his assets tax-free. …Finally realizing this, he began to insist that the unrealized gains of the wealthy should be taxed. Mask responded to the criticism by choosing to sell some of his holdings and pay the tax.
To be honest, I feel like, “Did you just realize that now? Even in rich father, poor father, the merits of non-taxable reinvestment were discussed.
relevance - Taxation as stock
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