Same ID for two terms of different taxonomy with the same name

I have created a non-hierarchical custom taxonomy named place. When I create a post_tag term with the name abc, a term with ID n is created. If I then create a place term with the same name (abc), a term with the same ID (n) is created. When I change one term’s name or slug, the other term shows the changes I’ve made. When I change one term’s description, the other term does not show the change I’ve made and it maintains its own description. If I delete one term, the other stays and doesn’t get deleted.

Checked in multiple cases. What’s going on?

Here’s how I have declared the place taxonomy:

// register place taxonomies
function place_taxonomy() {
	$labels = array(
		'name'                       => 'Places',
		'singular_name'              => 'Place',
		'menu_name'                  => 'Places',
		'all_items'                  => 'All Places',
		'parent_item'                => '',
		'parent_item_colon'          => '',
		'new_item_name'              => 'New Place',
		'add_new_item'               => 'Add New Place',
		'edit_item'                  => 'Edit Place',
		'update_item'                => 'Update Place',
		'separate_items_with_commas' => 'Separate place names with commas',
		'search_items'               => 'Search Places',
		'add_or_remove_items'        => 'Add or remove places',
		'choose_from_most_used'      => 'Choose from the most popular places',
		'not_found'                  => 'Not Found'
	);
	$args = array(
		'labels'                     => $labels,
		'hierarchical'               => false,
		'public'                     => true,
		'show_ui'                    => true,
		'show_admin_column'          => true,
		'show_in_nav_menus'          => true,
		'show_tagcloud'              => true,
	);
	register_taxonomy('place', array('video'), $args);
}
add_action('init', 'place_taxonomy', 0);