Flagging helps stop the scammers and plagiarists from taking a cut of the reward pool away from the people who care. Yes this is the primary reason for doing it. I think that this is a good thing because the people trying to take an easy ride by stealing others works are not here to make Steemit a better place, a lot of these people just want to make a quick buck. This in itself is a bad thing because they are the ones who will sell Steem for any price. We need people holding Steem, this increases price as there's less being sold.

People who really believe in Steem do not sell all their Steem. FACT, they power up.

Removing flags will be a nightmare because more people (dolphins+whales) will start spending hundreds, even thousands on bid bots without having to worry about being flagged, this in turn will reduce the reward pool share for the little fish. Flagging trash increases funds for everyone else. If everyone flagged trash, it would make Steemit a better place for the people who care. Flagging also teaches newbies who are here for an easy ride to evolve, often they start posting legitimate content, which improves Steemit.

Everything you say seems to scream personal gain, I just think that you want flagging removed for your own gain, not to help everyone else.

Removing flagging is a terrible idea. I vote NO.