JSFiddle - React, Tailwind, and code Playground

HTML

<textarea id="myText"><b>&lt;p&gt;TEST&lt;/p&gt;</b></textarea>
<button id="button1">Get1</button>
<button id="button2">Get2</button>

JavaScript

$( "#button1" ).click(function()
{
    alert( $("#myText").html() );
});

$( "#button2" ).click(function()
{
    alert( $("#myText").val() );
});