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To suggest that Lao Tzu had no historical existence doesn't disparage him, or Taoism, in any way. Myths have great power and value, and things can be true without having ever actually happened.

Tao Te Ching. The key book of Taoism was compiled around the 3rd century BCE. It's called the Tao Te Ching (Dao De Jing or Daode Jing) - The Way and Its Power, and is also known as the Lao-tzu.

To suggest that Lao Tzu had no historical existence doesn't disparage him, or Taoism, in any way. Myths have great power and value, and things can be true without having ever actually happened.