vellum
clear bags
ribbon
Many years ago I purchased a ream of Vellum at a paper store, I can't count how many times I've used vellum - it is wonderful for invitations and scrap booking, etc. I've also used clear bags numerous times over the past 16 years! There are so many uses for clear bags - in fact, friends of mine own clearbags.com!
When I tie bows around the bags I make the bow first and then tie it around the bag. This way it eliminates a "bulky" bow and one that looks askew.
Tie the ribbon in the middle with a length of curling ribbon - voila a very simple bow!
To make the damask tags The Fussy Designer has these tags available as a free download. They are actually envelope wraps (envelope label) with many colors to choose from. If you are more computer savvy, you can probably figure out how-to print directly onto the labels. We used vellum and cut and glued. My daughter came up with the label quote "My teachers are smart cookies."