What happened to optimizing for mental overhead instead of file size? This simply should be a build step, part of your minification and concatenation dance, not having to consider all of these when trying to decide if I should close my <p> tag or not:
A p element's end tag may be omitted if the p element is immediately followed by an address, article, aside, blockquote, details, div, dl, fieldset, figcaption, figure, footer, form, h1, h2, h3, h4, h5, h6, header, hgroup, hr, main, menu, nav, ol, p, pre, section, table, or ul element, or if there is no more content in the parent element and the parent element is an HTML element that is not an a, audio, del, ins, map, noscript, or video element, or an autonomous custom element.