T. S. stands for "tuff sh*t" card. I must be dating myself as this expression has been around for ages.
I would punch it with one of those little hand held single hole punches like I had as a young man collecting for the newspapers I delivered house to house. I would provide my customer with a punched receipt indicating the number of weeks they had paid for. You have probably seen them used by railroad conductors when they come around on a train and punch your ticket.
Anyway, it's just a metaphor, sort of meant to antagonize the person to whom it's directed.