I believe that there is something important missing from the discussion so far. Namely, the distributed nature of horizontal shear resistance in typical flexural members.
Why is it that we never check horizontal beam shear when designing regular hot rolled beams? Mechanics of materials tells us that the horizontal and vertical shear stresses will be the same on any differential element.
We don't check horizontal shear because we can count on that shear to be resisted by the web along the entire shear span of the member (L/2 for simple support and uniform load). Essentially, shear stress is redistributed along the length of the member such that it is shared by more lightly loaded segments of beam web.
Since this resisting length in horizontal shear is something to the tune of 10 X the resisting length of the web in vertical shear, we acknowledge that horizontal shear will not govern and therefore do not bother to check it. Similar assumptions are made when we design studs for composite beams and chord welds for joist reinforcement.
In ductile systems, horizontal shear can be redistributed or "smeared" to the locations of horizontal shear resistance. This has a small impact on our "plane sections remain plane" assumption but that is generally ignored in practice.
Returning to the welded plate girder, if a fabricator told you that they welded the web and flanges together such that the welds could develop the full yield strength of the web plate in shear (full pen for example), would you bother to compare the weld shear capacity to your VQ/IT demand? Probably not because you'd know by inspection that, if your web works in vertical shear, then you've got oodles of capacity in horizontal shear.
In this case, your Mc/I stresses would likely be the dominant stresses affecting the weld. Of course, those stresses would be less than the stresses at the extreme fiber of your beam flange so you probably still wouldn't bother to check them.
In a more typical plate girder scenario, the welds are not designed to develop the full shear capacity of the attached web plate. Not even close. The connection will be made with relatively small welds that may be continuous or intermittently spaced.
As designers, we specify the welds such that our horizontal shear capacity is relatively close to our horizontal shear demand. Essentially, the web/flange welds are shear critical because we deliberately design them to be that way.
Another reason why axial weld stress is typically ignored has to do with the origins of the stresses involved. In general, a web/flange weld will experience both VQ/It shear AND Mc/I axial stress simultaneously. To be highly rigorous, one would need to check the interaction of these stresses using Von Mises criteria or something along those lines.
However, VQ/It stresses are large when vertical shear is large and Mc/I stresses are large when moment is large. And, as we all know, moments are generally maximum when shears are at a minimum and vice versa. Therefore it is rarely necessary to check the interaction.
In reality, we make this same assumption whenever we check flexural stress and vertical shear stress independently for a beam design. There IS an interaction between flexural stress and vertical shear stress that we ignore when we do this.
As others have suggested above, there are situations where it is not okay to ignore the interaction. A short, heavily loaded cantilever comes to mind...