HTML Input cursor position issue in Chrome when value is empty

Question

Just recently I have noticed out text inputs having a display issue in Google Chrome but only when the text is empty.

Notice how in the top image, when the input is

Answer 1

i suggest don't use line-height at all, it may not be the proper answer but its working for me (latest chrome)

Updated fiddle http://jsfiddle.net/efgq1svz/11/