While this is true for alcohol, it's even more true for tobacco. Even the study commissioned by the anti-tobacco lobby agreed; I included this quote from their report in my review of the study in the New Zealand Medical Journal a couple years ago:
it does seem reasonably apparent that the tax contribution of approximately $1 billion annually by smokers exceeds substantially the external costs of smoking which fall on non-smokers. If savings on pension costs from premature mortality were added as well the net fiscal contribution of smokers, to the fiscal gain of non-smokers, would be further increased.Moderate drinkers are over-taxed relative to the costs they impose; drinkers on average pay about the right amount of tax if we want collected taxes to match external costs. For tobacco, smokers are grossly overtaxed relative to the costs they impose on the public health system; this is true in every country where I've seen the numbers tallied. Any sensible review of excise taxes as a whole would reduce the excise tax on tobacco.