Snodgrass played for Leeds between 2008 and 2012, and he is still fondly remembered at Elland Road.
He is one of a number of talented players who Leeds have sold in recent times, and Taylor has now appealed for the club to start showing more willingness to invest.
“I think Sam (Byram) would still be here [if Leeds had invested more money], I really do,” the young defender said.
“And under past ownerships people have gone. We’ve sold players for silly amounts of money. Going back to Snodgrass, I wish a player like him was still here. But if some investment in the summer is done then I think we’ll have a chance [of keeping prized assets].”
Taylor recently came up against Snodgrass in Championship action, and he saw first-hand how talented the Scottish international is.
Snodgrass is currently playing for Hull City - and he started in Leeds’ recent draw at the KC Stadium.
“I was up against Snodgrass last weekend and there’s no way he should be in the Championship,” the 22-year-old said.
“He’s probably better than players in the Premier League. That was hard work. In the first half he got the better of me before I grew into the game but he’s too good for this level.”
Taylor’s career appears to be heading in the same direction as Snodgrass’.
The young full-back looks to be one of the most talented players outside the Premier League, and the Yorkshire Evening Post has suggested that Crystal Palace and West Bromwich Albion are tracking the prospect.
Leeds are likely to have to fend off bids for Taylor in the summer transfer window, and they will have to show resolve if they are to keep hold of him.