andrew s 1905 said:
One such theory would be the distant clock run slow another is that the scale factor changes. You can't measure either directly. What you can measure is the red shift.
I don't think that's a good way of looking at it.
First, consider for a moment what an observer would see in the far-away galaxy. Even if we see their time as running slow, they can't notice any difference. They'll just view time moving forward at one second per second.
So I think the question that needs answering here is whether you are asking if General Relativity is wrong here, or what General Relativity says is happening.
For General Relativity to be wrong in this situation, the universe would need to be highly non-uniform: we would have to occupy a very special place in the universe where properties like matter density change radically with distance. This is sufficient to me to discount the possibility entirely. And such models tend to be ruled out very easily by some combination of observations (CMB, BAO, supernovas, etc.).
As for what General Relativity says, I think the case of galaxies moving outside of our horizon paints an informative picture.
Every galaxy that isn't gravitationally-bound to us will eventually cross our horizon. When this happens, light from that galaxy will no longer be able to reach us. So all the light that we will ever observe from it is light that was emitted before that crossing. The image we see redshifts more and more, and the time we see approaches the moment of crossing but never passes it. The galaxy itself, however, keeps going. Its time continues on into the future. But because that light can never reach us, we never see it.
While General Relativity is notoriously difficult to pin down to a single, simple description, then it is clear that either the statement that redshift is the same as time dilation is either not true or meaningless. It's not true in the sense that time for an observer on that galaxy continues. It's meaningless if we define time dilation as the pace at which we see clocks tick on the far-away universe. Because in that case it's trivially true, but then you would also get time dilation from non-relativistic velocities too. So either way I don't think it works.