Screwing down toilet flange spacers with metal flange still on

There isn't much allowance for raised flanges in most US toilets I've seen. The critical feature is how much higher the under toilet "ceiling" is than the bottom perimeter base that sits on the finished floor. Since this dimension is intended to work with a standard wax ring, there's little chance a 3/4" protrusion will work. Not only do you need physical clearance between the flange and the "ceiling", there also must be room for the wax sealing ring.

The other potential conflict is the outlet horn and how it fits into the small bevel of the flange fitting. Again, there needs to be room for the wax to fill this gap. You do not want any direct physical contact between the flange and horn.

Simply supporting the flange is not enough. The perimeter base must be fully supported. If you try to install the toilet as things are, the toilet will be balanced on the wax ring. It will wobble every time it is sat upon, eventually forcing all the wax out until the "ceiling" is bearing directly in the flange. While the wobble will diminish at this point, it will still wobble. The seal would obviously be compromised.

Whatever you do, the perimeter base must be solidly supported. The obvious solution is lower the flange, though very difficult in your case. Another solution would be to raise the floor, which I imagine would be undesirable. The only other possible solution would be to raise the support of only the toilet base, such as setting it on a grout bed. Depending on the nature of your flooring and the actual final thickness of the grout, this may not be too bad a solution. You would need to spend enough time finishing the exposed grout around the toilet base so that it is smooth and easy to clean.

I'm betting that whomever installed it last used an adhesive to secure and seal the toilet to the closet flange and/or the floor. It sounds as if you are renovating so unless the toilet has value (or fond memories) break it out with long handled sledge hammers (use eye protection). The time saved by not solving a mad scientist monstrosity might be worth the cost of a mid-priced new toilet.