As others have noted, it's not a simple tow capacity compared to trailer weight.
Payload (AKA "max occupant / cargo weight") is what the tow vehicle is rated to carry. Trailer tongue weight, along with the weight of a weight distributing hitch, is counted as cargo weight on the tow vehicle.
Advertised tow capacity, does not include passengers or cargo in the tow vehicle. As you add weight (people, pets, cargo, etc) to the tow vehicle, it's available payload and tow capacity are going down, pound for pound.
Here's a link to a calculator that may help.