"No taxation without representation!" This little gem from elementary school is a product of the sad reality that usually we overgeneralize history for the mass market to the point of inaccuracy. From this statement the logical conclusion is that the colonists were pissed off about the monetary ramifications of new taxes; which makes them look both greedy, and, since the taxes were not that high, unreasonable.
The colonists themselves used the term "Engines of Wealth" to describe how they thought the Crown was starting to view them. Since both Parliament and the King largely ignored their opinion and just passed new taxes they came to the conclusion that they were seen only as workers who needed to produce money for the Crown. The difference between a citizen and an engine of wealth is huge. One is served by the government and the other serves the government. One needs freedom and the other needs more taxes.
What this means for us today:
Where this starts to apply is when we consider the results when the Government over-commits to social programs and has to fight to stay in the black by desperately taxing everything that moves with a motion tax and everything that doesn't with a parking ticket. It's a known fact that the British National Healthcare System (NHS) is horribly broke and needs new sources of income. See the above two examples, they are a few of many.
Next time the long term consequences of the engine of wealth mentality.
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