5.10
Ukrainian political party
From Wikipedia, the free encyclopedia
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 | |
|---|---|
| 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] |
| Verkhovna Rada | 0 / 450 |
| Regions (2015)[4] | 5 / 158,399 |
| Website | |
| 510 | |

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.[5] Future politician Mykhailo Fedorov was among the candidates this year.[6] The party did not participate in the 2019 Ukrainian parliamentary election.[7]