I'm not even sure it is necessary to taper the hole. You could just make the plug longer and or tighter. Once powder gets poured in and out a few times the plug is going to fit differently. I usually leave mine sticking out a bit for that reason. As Steve says with a tapered plug you run the risk of splitting the horn.
One time at a show a guy was looking at a horn pulled the plug, stuck it back in an popped it with his hand, the horn split and he walked on. Easy fix but aggravating.
If the plug is to loose, soak the shaft with water, let it dry and see how it fits.
Tim C.