The ICC has adopted multiple super overs to separate teams after ties in future world events.
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Taylor said if even after 100 overs both teams end on an equal footing, they deserve to share the honours, irrespective of whether it's a major tournament final.
The last year's 50-over World Cup final saw the Black Caps lose to England despite successive super over ties at Lord's.
The Kiwis went down contentiously as per the boundary count law, the criticism of which forced the ICC to abolish it and adopt multiple super overs for the future ties to decide the winner.
Taylor, though, sees merit in sharing the trophy instead.
"I'm still undecided in a Super Over in a one-day game, I think one-day cricket is played over such a long time that I have no problems in a tie being a tie," he told ESPNCricinfo.
"In T20, to continually go on is the right way to go. A bit like football or some other games, trying to get that win in, but I don't think the Super Over is necessarily needed in a one-day game. I think you can have a joint winner."
The length of the ODI game will always leave separation of ties as a matter of debate, especially when it comes to tournaments like the World Cup.
Usually, in bilateral cricket and non-ICC multiple-team events such as the Asia Cup, the ODI ties aren't broken. Even during the World Cup last year, the playing conditions had super over available only for the knock-outs.
"During the World Cup I actually went up to the umpires to say 'good game', I didn't even know there was a Super Over. A tie is a tie, I suppose you could have this argument either way, but in a one-day game I think if you can go 100 overs and still have someone equal at the end I don't think a tie is a bad thing," said Taylor.
"One over across 50 overs or 20 overs is tough to swallow, but if we are in that same situation we still back ourselves. First and foremost you have to try and win the game in the allocated time."
"We haven't been able to be ruthless enough there, and if we can do that and not even let it get into a Super Over then hopefully the right results come," he added.
(Inputs from ESPNcricinfo)