5.10

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5.10
LeaderHennadiy Balashov
Founded20 March 2014[1]
HeadquartersKyiv
Membership1,500
IdeologyLibertarianism
Minarchism[2]
Political positionRight-wing
Slogan"State, get out of the economy!"[3]
Seats in Verkhovna Rada
0 / 450
Website
510.ua
File:Hennadiy Balashov 2021 Vadim Chuprina.jpg
Ukraine, Kyiv city, party office 5.10 September 2021. Freedom for Gennady Balashov.

5.10 is a Ukrainian political party, registered on 20 March 2014. The main idea of Hennadiy Balashov and his libertarian party is a radical reform of the taxation of Ukraine: full abolition of the current system and introduction of a single tax system – 5% sales tax and 10% payroll tax.

The main objective of the party is to tackle poverty and governmental control in Ukraine. Its leader Hennadiy Balashov states that he wants to turn Ukraine into a global tax haven, akin to Singapore and Ireland.

In the 2014 Ukrainian parliamentary election the party failed to win seats, garnering 67,124 votes.[4] The party did not participate in the 2019 Ukrainian parliamentary election.[5]

References

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