JoelD, no single wheel can see more torque than the net output torque of the engine multiplied by the range box, transmission, and rear end gears. I think part of the difficulty may come in how you're choosing to look at it, or the frame of reference.
Try from the tire side: No tire can push more than how much grip it has (coefficient of friction) combined with how much weight is on it. Those two things tell us how much traction is available to push the vehicle forward. If you have one tire on a slippery surface, or in the air, the available torque it has is very zero. As a result, when power is applied, it spins, and the tire on the ground sees a torque from the driveshaft equal (Oversimplified, but close enough for us at the moment) to how much force it takes to freely spin that loose tire.
Because of the spider gears, it will also turn twice as fast as the ring gear. (This is where Slowzuki's part of seeing double the torque comes into play, but ignore it for the moment, because we're assuming there is zero resistance to turning.)
If you press on the differential lock, both tires will now spin at the same RPM. However, the tire hanging in the air still has zero traction, so it takes no torque to make it rotate. (Again, ignoring rotational inertia and bearing friction and so forth) That hanging tire also contributes nothing to pushing the vehicle forward; there is nothing for it to push against, so that makes sense. The only tire that is pushing, then, is the one on the ground, and it will see, through the axle shaft and wheel, whatever torque is required mathematically to push the machine forward. (Again ignoring inertia)
Basically, the only torque that is measured through the shafts and wheels is force applied against something. If you have a torque wrench set to 150 ft-lbs, and you pull on it super hard, but the bolt isn't snug yet, the bolt doesn't see 150 ft-lbs. As it begins to draw snug, and get tougher to turn, pressing the pieces together, it will see increasing torque up to 150 ft-lbs. When it's loose, the bolt sees basically zero torque. You can't apply 150 ft-lbs to a bolt until you're pushing against something.
The tires or axles, in our oversimplification, can't transmit any torque unless they are pushing against something, too. :thumbsup: