I regularly let leaves shield buds... the only correlaton i see is related to apical dominance. Whether a 2nd level bud is covered or not, it develops like all the other 2nd level buds... I've purposely left leaves over buds for several years now, becauase this myth bothers me. No negative effects so far. You'd think if it had a major effect, i would have seen it by now? I definitely shield buds, and like clockwork, they come out looking like buds of similar apical dominance that are less shielded without fail.. without any inconsistency relative to apical dominance.
Can some extreme context cause a problem? Sure. Some clustered lower buds pressing on each other and in near darkness is not the same context... also, buds that low and congested are never going to be high quality, anyway, lol. With that, you'll see a lack of color where the buds have been physically touching and deprived of light.. might have some pathogen, too...
Don't overcrowd a canopy or lower areas of canopy and you'll never have to worry about such things.
There are 2 things you almost certainly never want to fuck with... potential to absorb light (99% is occuring in top layers of leaves) and ability to effectively transpire. It would take a miracle for anything that negatively impacts these things and still result in a net-positve.
Technically anything green on the plant likely is capable of 'some' photosynthesis, but nothing reasonably compares to the top layers of a leaf. Obviously, the plant transpires through the stomata. Only remove leaves for very specific and limited reasons. Proper canopy management will minimize any need to prune branches or leaves. Pruning shit off equates to wasted resources and effort. Some waste is inevitable, but it should be minimized as best possible.