To achieve stringent performance requirements in next generation wireless networks, such as ultra-high data rates, ubiquitous connectivity, and extremely high reliability, this paper proposes a radically novel rate splitting assisted dual-polarized stacked metasurface (RS-DPSM) transceiver architecture. In this architecture, a multi-layer dual-polarized metasurface is stacked at the active antennas and its two inherent polarizations are implemented to enable RS's common and private messages in parallel. In sharp contrast to the conventional multiple-input multiple-output (MIMO) and metasurface-based transceiver designs, our proposed transceiver is capable of enhancing the channel capacity and introducing multi-dimensional degrees of freedom (DoFs) in the power, spatial, and polarization domains, thus enabling multi-functional, broad-spectrum, and all-time/domain/space communications without requiring massive radio-frequency (RF) chains. In addition, we derive new analytical expressions for the upper bounds of RS-DPSM transceiver's channel capacity and ergodic sum rate, and provide some key insights. To highlight its potential benefits, we apply the proposed RS-DPSM transceiver to anti-jamming communications, and formulate a generalized sum rate maximization problem under the jammer's imperfect angular channel state information and unknown cross-polarization discrimination. To enable an efficient resource management under the above practical conditions, we present a low-complexity optimization framework by leveraging the discretization method, properties of the quadratic function, reduced-majorization-minimization algorithm, and block successive upper-bound minimization, which admit the semi-closed-form solutions. Finally, our numerical simulations verify the superiority of our proposed transceiver architecture and optimization framework over key benchmarks.