Final answer:
The British imposed taxes that were considered burdensome by the American colonists, making the statement that they imposed light taxes false. Colonists objected to the application of tax money, favoring no taxation without representation, and made distinctions between types of taxes and representation in Parliament. Jefferson's economic strategies and the British Conciliatory Proposition were not entirely successful in resolving tensions.
Step-by-step explanation:
The statement that the British imposed very light taxes can be regarded as false. During the period leading up to the American Revolution, the British government began to levy multiple taxes on the American colonies to help pay down the massive debt from the Seven Years' War. These taxes included the Stamp Act, the Sugar Act, and the Townshend Acts, which the colonists found heavy and unreasonable, particularly because they were imposed without their direct representation in Parliament.
Colonists were indeed concerned with how tax money would be applied and made a clear distinction between internal and external taxation, as well as taxes to regulate trade versus those designed to raise revenue. They were concerned with actual versus virtual representation. The idea that the colonists did not object to the principle of taxation but rather to the method of its application is true, as they believed in the concept of 'no taxation without representation'.
Regarding Jefferson's efforts and the Conciliatory Proposition, Jefferson's attempts at using economic pressure were not entirely successful, and the Conciliatory Proposition did not yield to all of the demands of the American colonists, making these statements false.