Taylor got his start as a comedian on the "Ed Sullivan Show" and "The Merv Griffin Show".
News of Taylor's death was announced by his publicist, Harlan Boll, who said he died Sunday in Beverly Hills, CA, per The Hollywood Reporter.
Taylor went on to make 20 appearances on the Ed Sullivan Show, was a regular on panel shows in 1970s and hosted the short-lived spoof The $1.98 Beauty Show, in which the victor took home a handful of loose change.
Taylor reflected in that same 1992 interview that he always considered himself an actor.
He was known for his over-the-top personality.
His publicist confirmed that he died yesterday at Cedars-Sinai Medical Centre in Los Angeles, after being admitted for a seizure last week. Taylor was a regular guest on talk shows and appeared on many TV series and had a amusing role in "Wayne's World II".
Each episode of the show, which aired from 1978 to 1980, would end with Taylor offering a bouquet of rotten vegetables and $1.98 in coins to the victor while saying, "You win the prize, you take the cake". "In desperation, I pretended to cry as I begged them to laugh".
With his bushy blonde toupee, exaggerated eyebrows and walrus-like mustache, Taylor was a striking presence.
Taylor also had a lengthy voiceover resume, which boasted episodes (and various TV-movies) of such iconic properties as The Addams Family, DuckTales, The Flintstones, Garfield, The Jetsons, Popeye and Scooby Doo.
He also performed himself in "Wayne's World 2" and the "Jackass" films, regarded on stage in "Sugar Infants" and "Oliver!" and performed an autobiographical one-man play "It Ain't All Confetti". "Thank you for all the laughter you brought me", comedian David Alan Grier posted on Twitter.
Taylor was survived by his longtime partner, Robert Fortney.