Let me expound on this topic, since it has come up, and happens to be my area of expertise...
Tapered shafts/bores are designed to mount components like flywheels with precise depth location and zero clearance to prevent wobble...
A flywheel mounted on a straight shaft would need to be clearance-bored, meaning the ID of the flywheel bore would need to be larger than the OD of the shaft...
This would produce wobble...
To eliminate this wobble, the ID and OD would need to be the same, and the flywheel would have to be press-fitted onto the shaft...never to be removed without damage...
A tapered bore provides precise depth location, allowing the flywheel to be positioned precisely onto the shaft, as well as a zero-clearance, non-wobbling fit between flywheel and shaft without press-fitting...
This zero-clearance tapered bore is not designed to retain the flywheel on the shaft during rotation...over-tightening of the retaining nut can actually deform (crush) the taper bore, creating wobble...
Retaining nuts should never be over-torqued past the manufacturer's specifications for the material used to make the flywheel...
The most efficient method to keep the flywheel from spinning on the crankshaft is to use a keyway machined into the shaft and flywheel, and a key made of a material meant to shear if the engine RPM is suddenly stopped...
This allows the inertia of the flywheel to shear the key and dissipate without damaging the internal components of the engine...