ginader/HTML5-placeholder-polyfill — pull request #22 by elliotttf (2012-09-21 20:33:14+00:00)
Title: Inputs with paddings result in incorrect offset for placeholder

I'm not sure if this is the best way to solve this problem, but if the input you're using the polyfill on has top and/or left padding set the offset for the placeholder text will be incorrect. This change checks for padding on the input and updates the offset appropriately.