Hi,
I am not sure wood strength is an issue because on most rifles, the wood will be sandwiched between the steel tang and steel or brass trigger plate. In my opinion, of more importance is if you counter bore your tang screw rather than just cut a countersink. Counter boring is better because the bolt head is thicker, can support a deeper slot, and can be filed to adjust for any angle of the bolt relative to the tang if it is not perpendicular. All of those features are more difficult with a counter sunk head. The tang needs to be thicker for counter boring, probably 3/16" thick is about ideal. If you are just countersinking the bolt, the tang can be thinner but you still need enough thickness to keep strength around the bolt hole. There are quite a few old guns on which the tang broke at the hole because the tang was too thin. I would not go thinner than about 1/8" at the hole. The tail can be thinner as it usually is when the tang is profiled into the wrist of the stock.
dave