Traction control should not be causing axle tramp or other suspension-related thumps. It's going to retard the ignition, and/or apply the brakes, to reduce wheelspin, as Corey_R has pointed out. However, having said that, it's possible that the action of removing and then rapidly reapplying torque to the driven wheels (as would occur if you're hard on the power even while traction control is trying to keep things in check) is causing a lot of suspension movement/distortion, which in turn is giving an axle tramp-like effect.
AFAIK, real axle tramp (as applies to old-school leaf spring rear suspension) occurs when significant torque is applied to the driven wheels, causing the suspension to compress and distort, and as the suspension levels out it does so in a less smooth/linear manner than it would under no load, causing the excessive vertical movement (hopping) which in turn exacerbates wheelspin. The term is used to describe similar manifestations of the same problem (ie the wheel hopping under load), but the underlying cause of real axle tramp is suspension distortion under load. AFAIK.![]()
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