> When one has too much power or capital, the ability for one to rewrite the laws that govern the taxation of the accrued private property (intellectual or physical) increases as well.
This is conflating power and wealth. When one has too much power, one is able to seek rents. Often this takes the form of government-sponsored monopolies. However, one's security costs increase faster than one's wealth, so wealthy people have an incentive to capture the government and outsource their security costs. This is actually contrary to private property norms as it socializes costs that are properly born by the private entity.
> This is why those with the most private property can essentially do as they please;
This is absolutely backwards, the rich have more money, this incurs benefits and drawbacks. For example, they have much more to lose in the event they are found liable for anything.
> the benefits they derive from their private property are disproportionately high compared to the cost that society incurs protecting their private property.
That would be an argument for expanding the scope of private property (because we are able to get disproportionately more benefit at disproportionately lower social cost).
> For instance, the workload that the government is tasked with to protect private property of these elites at home (e.g. the large amount of police resources that need to be available for large tech campuses or in rich areas)
One imagines that the benefits of a low-crime society might be extended to people who don't live on a tech campus or in the Hamptons.
> Either through taxes or government stakeholdership in corporations
Its probably best to spend more time identifying the problem before we grasp for solutions.
> has worked hand in hand with the elites to steal and pillage the private property of the common man (e.g. how Warren Buffet's secretary pays a higher tax percentage that he does).
I agree, working professionals are taxed to death. Taxes on wages and salaries should be lowered to match the ltcg rate.
> Things are getting worse in the US as public institutions are eroding or becoming more kleptocratic
Have you considered this to be a weakness of the way those institutions are structured?
> some libertarian wet dream of privatization of everything is the answer (private military and private firefighters come to mind
Tbf its probably better to have these institutions working for the people who enjoy their services and pay for them, rather than the current system.