Nope. People who are hooked on nicotine will continue to smoke no matter how much the tax is increased. OTOH - when people do quite the tax revenue will go down and the powers that be will raise taxes on other things.
Higher taxes plus fewer smokers = government does not lose it's cash flow (or increases it) and can claim to be doing good.
If you care about people's health, make inhaled tobacco products illegal from production & through to individual use.
Prohibition isn't perfect but it neither is it overtly hypocritical.