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Reading through this one again... I would say none of the above. To me it's carrying 2,000, PULLING 12,000, and towing 14,000. This one obviously is not going to have an answer everyone agrees to. Sorry, Bill.
Whatever we say, if I say to you that I'm towing 11,060 pounds, that gives you the wrong impression. You relate the unhitched truck weight and 11060 as the trailer weight. If I say I'm towing 14,360, then you get a more accurate feel for the overall. I'm using 'you' in the generic sense, not you Bill.
Also, I don't think the manufacturers' tow ratings mean what's on the trailer axles. I suspect they mean the total weight of the trailer. I do, however, understand the technical argument that the pinweight is in the bed of the truck but I still don't think that is what the tow ratings mean. GVWR takes into account the pinweight, however.
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