Final answer:
The statement is true that colonists were more concerned with representation in Parliament when it came to taxation, leading to "no taxation without representation" and contributing to the Revolutionary War.
Step-by-step explanation:
The statement that colonists did not necessarily object to the principle of taxation, but rather how the tax money would be applied is true. The American colonists were comfortable with the idea of being taxed, but their main concern was about the lack of representation in the Parliament that was imposing these taxes. This led to the famous phrase "no taxation without representation." The colonists felt that it was unfair for them to be taxed by a government in which they had no voice or vote on how those taxes should be used, which ultimately fomented the Revolutionary War.