Capital gains are set to rise from 15% to 20% in 2013, along with a levy of 3.8% on unearned gains for the wealthy. When Jobs' wife dies or money is given away from the Estate, the money is also subject to a 35% estate tax. However, the stocks are in trusts, and a trust administrator can currently sell the stock which is only taxed on the appreciation since Jobs' death and not on his whole investment. Since Jobs' death, the taxable appreciation was a meager $330 million! So, the Jobs will likely sell the stock to avoid the growing gains and resulting enormous tax bill. That is, if there is a market for that volume of stock.
Perhaps Warren Buffett can snatch up some more of these stocks and beg the IRS to tax him and his fat cat friends a little more. Regardless, the Jobs are wise to consider dumping the stocks for the substantial tax relief.