Putting aside the accounting/tax rules, why should a corporation be taxed heavily? So the government can decide to squander the tax money? I'd rather have the money go in the pocket of shareholders (pension funds, individuals, index fund holders, etc.) and give people a choice on how to spend those corporate tax savings. Wait, these individuals get taxed at a reasonable rate when they sell the stock or when they pay sales tax on purchases made from the stock winnings.. Hmmm, maybe government is not losing on taxes after all?
The good news: number of working hours decreased from 2000 to 2017 for pretty much all the countries in this report. A sign of overall development in my opinion.