Taylor was a strong critic of the Bush Administration's fiscal policy. He voted against the tax cuts passed in 2001 and 2003, claiming that the cuts contained in those bills would only increase the national debt. He derided the prescription drug plan passed in 2003 as a giveaway to companies that donate to the Republican Party. He was one of the House's most vehement opponents of free trade agreements and was strongly opposed to the Bush administration's proposals for reforming Social Security. He also voted at times with more liberal members of the House with regards to Cuba. Since coming to the House, he voted in favor of most campaign finance laws and other laws favored by more progressive elements of the Democratic Party to reform politics.