On the website where this picture was originally posted, it was labeled as "Honor thy Father and Mother":
In reality, it says no such thing. This Hebrew tattoo in fact says: "You shall not tattoo", and it's written in Rashi Script of all things - an old Hebrew script used to write comments in religious texts.
Mind, the tattoo was not posted online by the owner, but by someone who just took a picture. It might well have been a novelty tattoo done on purpose, then regretted - leaving the owner lying about what it really says.
If it is genuine, though, and the owner is clueless, then someone really pulled one over on him.
This is why you should be vary of the advice that's often given online - to go consult with the nearest Rabbi about your Hebrew tattoo. I can totally see a pissed off Rabbi giving out this translation.
Right. Now if you actually wanted "Honor thy Father and Mother", it translates to Hebrew like this: