It does, but then you lose all the links and other formatting. Actually I suppose there are several workarounds here, though they all require several additional steps:
- use pandoc to generate a full document and upload it, or open it and copy paste from there
- open the file in something like Marked 2 and copy/paste from there
- paste it into the other rich text editor and reset text color and paragraph background (I just discovered the setting in GDocs, so thank you for pushing me to check)
I don’t know how many others would find a feature like this useful, so maybe it’s not worth baking it into Obsidian, but to my mind, no matter what rich text editor you’re pasting into, and no matter what Obsidian theme you’re using, the assumption would be that most users would want to preserve basic text formatting like headers, bold, italic, hyperlinks, etc., but strip out text color and background styles, relying on the target rich text editor to provide those.