5.10

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.

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
Party flag
Website
510.ua
Ukraine, Kiev city, party office 5.10 September 2021.Freedom for Gennady Balashov.

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]

References

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