“Catholics recognize Scripture, Tradition and the Magisterium, they hardly treasure one over the other.”
Nope. If tradition and the Magisterium hold the only true interpretation of scripture, then they rule over scripture.
For example, did Mary have other kids after Jesus? The scriptures are unambiguous, and repeatedly refer to the brothers and sisters of Jesus, and say that Joseph didn’t know Mary until after Jesus was born. Yet Catholics say brothers mean cousins, because that is the only way to insist on the perpetual virginity of Mary. The tradition overturns the clear language of scripture.
Also, Catholics teach Purgatory, Indulgences, and other doctrines that are not only not found in scripture, but deny the power of God in Jesus Christ to redeem us.
And there again the disagreements which cannot be addressed with any certainty for I can tell you, as the Church does that there is nothing the Church holds which contradicts Scripture or Tradition.
But, a protestant cannot accept that some things are explicit and some implicit. The revealed Word of God is so profound that to constrain it to just the surface is to try to constrain the ocean.
As I said earlier, to accept its authority in one matter, especially one so important to protestantism, and then reject everything else is mind bending.