Not really? Only in the case where the government is no longer beholden to the people (or the rich). Right now, the federal government in general is more or less a captured agency of Wall St and the tax policy follows as such. Either way, no matter who controls the government, there's a vested interest in setting tax policy that above all else, optimizes for stability. I mean, you're a voluntary exchange type, right? Is it in the government's rational self interest to set a tax policy that causes revolt?
Also, who protects that private property you love so much? There's a cost associated with that. This whole "taxes are theft!" nonsense is becoming tiresome. You're part of a society. Pay your membership fees and stop whining.