QPR had to come from behind at Loftus Road before triumphing top 2-1 over Coventry.
And Newcastle loanee Wayne Routledge settled the game eleven minutes from time with an equally stunning strike.
"Either goal was fit to win any game," Warnock said.
"And you won't see a better ball for the second anywhere in the world.
"There's baggage with him and he'll make some mistakes. He was bombed out by the previous two managers here and rightly so.
"But it couldn't be better for me at this time of my career and I think I'm the right manager for him.
"My son bought his mate today just to see Taarabt. He thinks he should be playing for Real Madrid. And he could, but first of all he's got to help me."
But City boss Aidy Boothroyd was also in no doubt where the game was won and lost.
"The difference was Taarabt," he said.
"He's an exceptional player, I was tempted to run on and kick him myself at one stage. He was absolutely terrific.
"How do you stop him? I'm not really bothered now, we've played them twice.
"He didn't do much at our place and I don't think he did too much today, but then suddenly he hits a 40-yard pass with the outside of his foot and you have to admire it.
"With that talent you have to ask why is he here?"