When an object gets pulled into a black hole it seems to slow and stop, but could it be possibly be because the speed of light that hit the object and came back was slowing down as the object got closer and not that time was messed up?
"Does a black hole really slow down time?"
No. Gravitational time dilation is an absurd concept. General relativity predicts that gravitational time dilation occurs even in a HOMOGENEOUS gravitational field ("the homogeneous gravitational field is the gravitational field which, in every point, has the same gradient of the potential. Such a field is produced by an infinite material plane with the constant surface density of mass"). That is, two clocks at different heights are in EXACTLY THE SAME immediate environment (experience EXACTLY THE SAME gravitational field) and yet one of them ticks faster than the other. Absurd isn't it? Effect (difference in the ticking rate) without any physical cause.
Photons accelerate in a gravitational field, just as ordinary falling objects do, and this variation of the speed of light causes the gravitational redshift (or blueshift):
http://courses.physics.illinois.edu/phys419/sp2013/Lectures/l13.pdf University of Illinois at Urbana-Champaign: "Consider a falling object. ITS SPEED INCREASES AS IT IS FALLING. Hence, if we were to associate a frequency with that object the frequency should increase accordingly as it falls to earth. Because of the equivalence between gravitational and inertial mass, WE SHOULD OBSERVE THE SAME EFFECT FOR LIGHT. So lets shine a light beam from the top of a very tall building. If we can measure the frequency shift as the light beam descends the building, we should be able to discern how gravity affects a falling light beam. This was done by Pound and Rebka in 1960. They shone a light from the top of the Jefferson tower at Harvard and measured the frequency shift. The frequency shift was tiny but in agreement with the theoretical prediction."
http://www.einstein-online.info/spotlights/redshift_white_dwarfs Albert Einstein Institute: "One of the three classical tests for general relativity is the gravitational redshift of light or other forms of electromagnetic radiation. However, in contrast to the other two tests - the gravitational deflection of light and the relativistic perihelion shift -, you do not need general relativity to derive the correct prediction for the gravitational redshift. A combination of Newtonian gravity, a particle theory of light, and the weak equivalence principle (gravitating mass equals inertial mass) suffices. (...) The gravitational redshift was first measured on earth in 1960-65 by Pound, Rebka, and Snider at Harvard University..."