I used my Cuttlebug to cut the tag - one of paper, one of chipboard. I got a new die yesterday. It is the old-style Sizzix thick red die. I had to figure out the "sandwich" for the Cuttlebug. It was the hardest to use of all the dies I have tried so far because it is not flat on the bottom. I ended up with the "C" plate and a piece of cardboard. The cardboard was the kind that comes in a Creative Memories paper pack - sorta' like the back of a tablet.
Check out this BEAUTIFUL BASIC GREY Paper. I found a picture of the papers on Scrap Etc. Here is the link.