I have made a whole huge bunch of these Fan Fold basket bags. All it takes is one sheet of 12" x 12" DSP, a series of scorelines/folds, and some Tear and Tape. I will say for the heavier weight card stock you need to double up on the Tear and Tape and a bit of hot glue to hold the bottom pleats of the bag together.
My most used stamp set from the Occasions Catalog is Suite Sayings. I love LOVE it. It is so perfect for so many looks and styles; I think looks great on this tag. Look close at the tag and you may notice some of the Glitter Tape from the Sale-a-bration brochure. That stuff is super fun and adds such of simple splash of glimmer.