Washington Business Report May 20, 2012

Jon Lovitz explains his negative and profane reaction to President Obama’s statements about the tax burden carried by high-income Americans.

Actor and comedian Jon Lovitz is also a businessman. He talks about tax policy’s impact on the comedy club he owns.

Politico’s Josh Boak and the University of Maryland’s Peter Morici take on Facebook’s IPO, regulation of JPMorgan, and the upcoming G-8 meeting at Camp David.