5.10 | |
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Leader | Hennadiy Balashov |
Founded | 20 March 2014[1] |
Headquarters | Kyiv |
Membership | 1,500 |
Ideology | Libertarianism Minarchism[2] |
Political position | Right-wing |
Slogan | "State, get out of the economy!"[3] |
Seats in Verkhovna Rada | 0 / 450 |
Party flag | |
Website | |
510 | |
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 the Republic of 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]