Milner is one of four nominees for the prestigious PFA Young Player of the Year award.
The Aston Villa midfielder has enjoyed a stellar season, which has propelled him into Fabio Capello's World Cup plans.
"Maybe you wonder about the opportunities for some youngsters to come through and make an impression," said Taylor. "But James Milner set a good example.
"He has shown his determination to eventually get to the top.
"He was a young star at Leeds and maybe at Newcastle things didn't always go smoothly, but he has stuck in there, shown his adaptability and versatility and made it to the top."